2012 Nordic Marine Insurance Statistics Reports
The year of the titans
After three relatively good years, 2012 brought hull underwriters back to heavy losses. However, this time, the high claims costs can be explained by a handful of total losses of high-value vessels and not an unexpected increase in the frequency of claims. The NoMIS statistics suggest that underwriters may have to recalibrate their perception of risk.
The 2012 reports again give good insight into recent hull claims trends. While the 2012 Cefor Annual Report outlines and explains the general trends as well as gives information on the NoMIS portfolio, the more detailed powerpoint reports on ocean and coastal hull proviede statistics and trends per vessel type, age group, size group and for other subportfolios as well as hull exposure curves.
Underlying data for 2012 Cefor Annual Report
(revised nov. 2013: Contents overview and insured values by age group added)