2023 Hull trends released

Cefor released today its comprehensive hull trend analyses as of 31 December 2023.

Highlights are:

  • Upward trend in claims cost and frequency.
  • Claims occured in 2022 showed a worse cost development in 2023 than claims of any previous year had in the following year. 
  • Some increase in major losses in 2023, with fires representing the costliest claims.
  • Container vessel values saw big downward corrections in the second half year of 2022 and in 2023 after big increases in 2021 and the first half year of 2022.

Check all trends in detail here: All 2023 NoMIS reports

To gain more in-depth understanding of the trends, register for the webinar 9 April!