• Bullish shipping market not good enough: marine insurers must improve their bottom line

    Marginal improvements throughout 2003 are not enough to curb substantial unbalance in today's marine market , says managing director Tore Forsmo. Read whole press release ! Read More
  • Revised safety regulations for shipments to risk-prone areas

    The revised editions of the CEFOR safety regulations for the carriage of goods to, from and within risk-prone countries and areas are now available for free download on our Clauses page. These safety regulations are supplemented by the CEFOR Cargo Clauses, also available there. The former safety... Read More
  • "Faglig Sjøforsikringsforum" 19 November 2003

    Come and join the CEFOR Marine Insurance Forum to discuss "Marine Risk: Pricing Models and Risk Evaluation" (in Norwegian), Wednesday, 19 November at 5 PM, at Shippingklubben, Oslo! Registration to by 14 November. For details see: Invitation Faglig Sjøforsikringsforum Read More
  • IUMI 2003 Sevilla

    Report on Marine Insurance Premiums 2001 and 2002 As presented at the IUMI conference in Sevilla on 17.09.2003. Now also with ladder statistics for major markets, comprising actual reported paid claims and estimated final results for Underwriting years 1996 to 2002! Global Premium Presentation 20... Read More
  • The Norwegian Classification Clause

    Recent casualties also led to a discussion of the demand for class registration when insurers grant coverage under different insurance conditions. In the May 2003 edition of Norwegian Hull Club's publication "Network" therefore marine law expert Haakon Stang Lund illustrates in detail how this... Read More
  • Disastrous fifth-year consecutive loss to jack marine insurance premium

    Managing director Tore Forsmo is calling for marine insurers to initiate premium increases of at least 25%-35% per year for the next two years to combat previous negative trends in the global marine insurance industry and cover large 4th quarter 2002 losses. Read whole press release ! Read More
  • 1st CEFOR Engine Claims Forum 07.11.2002

    With engine claims constituting 36% of hull insurance claims in number and 24% in cost, the CEFOR statistics forum took the initiative to gather member's claims managers and representatives from two major engine producers and Det Norske Veritas on the 7.11. in Oslo to discuss Engine failures at a... Read More
  • IUMI 2002 New York

    Report on Marine Insurance Premiums 2000 and 2001 As presented at the IUMI conference in New York on 18.09.2002: Global Premium Presentation 2002 Read More
  • Key market showing marine insurance rebound...

    Sustainability paying off - Norway continue marine growth Norwegian marine underwriters are back on track according to new figures released today by CEFOR. Results for hull & machinery insurance show a significant premium increase from 2000 to 2001 amidst a reduction in the number of vessels... Read More
  • Download CEFOR Insurance Conditions!

    Various insurance conditions and clauses relating to hull, cargo and offshore rigs are now available for free download from our new "Insurance Conditions" section (click "Insurance conditions" on the left hand side). New clauses and conditions will be added when available.

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  • IUMI 2001 Genova

    Report on Marine Insurance Premiums 1999 and 2000 As presented at the IUMI conference in Genova on 19.09.2001: Global Premium Presentation 2001 Read More
  • Premiums on the rise - Shipowners to expect substantial increases

    Norway's "Central Union of Marine Underwriters" (CEFOR) released new figures today indicating that results for hull&machinery insurance are improving. However, although better than estimated last year, results are still far from acceptable as loss ratios for 1998 to 2002 are still predicted to... Read More

    The conditions for hull insurance of mobile offshore units, the CEFOR Rig Forms, were introduced to the marked in October 1994. The main set of conditions was CEFOR Rig Form No. 1 for Hull Insurance. In addition, four supplementary covers were issued, CEFOR Rig Form No. 2-5. CEFOR Rig Form No. 1... Read More
  • IUMI report on Marine Insurance Premiums 1998 and 1999

    Download: Original IUMI 2000 Pres View Global Premium Report updated per 12th October 2000 including Japan premium volume: Update Global Premium Report Read More
  • Global Marine Insurance Markets Loses US$ billion in 1999

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For further information, contact:

Helle Hammer
Phone: +47 23 08 65 57