Annual Report 2015

More total losses

After the extraordinary absence of major losses in 2014, in 2015 there were thirteen losses above USD 10 million. Seven of these were total losses. Falling insured values increase the probability of constructive total losses. In particular, the values of offshore supply vessels plummet.

A special section of the report compares the claims frequency of tanker, bulk and container vessels built in Asia from 2007 by country of build.    

Cefor Annual Report 2015

Press Release