Poseidon Principles for Marine Insurance15.12.21, Industry Policy
The PPMI was launced today with Cefor as an Affiliate member.
More information about the Principles is available here.
Cefor is committed to promoting a more sustainable ocean industry, and supports the transparency offered by the Poseidon Principles for Marine Insurance to foster dialogue towards this common goal.
Transparency will become increasingly important as a growing number of marine insurers focus on their own portfolio also from a sustainability perspective. In addition, demands and expectations for improved and more detailed reporting are on the rise.
In joining the PPMI as an Affiliate member, we can ensure there is a common and practical framework in place for measuring and reporting the hull & machinery portfolio of the Signatories. Members of Cefor are free to decide on whether to sign up as Signatories or not.
Download the full press relase from the founding Signatories and Affiliate members here.