• Revised YAR adopted

    Revised YAR adopted

    The Comité Maritime International (CMI) adopted last week revised York-Antwerp Rules (YAR 2016). If incorporated into contracts, the new YAR 2016 may reduce insurers' GA exposure through the introduction of some helpful measures.

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  • No longer soft market for claims

    No longer soft market for claims

    More total losses - Offshore values plummeting - Chinese newbuildings - Fishing vessels riding out the storms Cefor published the Nordic Marine Insurance Statistics as of December 2015 in conjunction with its Annual General Meeting 19 April 2016. The statistics highlight recent hull claim trends...
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  • Seminar on UK Insurance Act 2015 at Codan 1 June in Copenhagen

    Seminar on UK Insurance Act 2015 at Codan 1 June in Copenhagen

    The Nordic Cargo Coordination Committee has the pleasure to invite Nordic insurers to a seminar on the UK Insurance Act 2015.  This Act introduces some substantial changes to the laws governing commercial insurance contracts, particularly those in respect of disclosure and warranties. The Act has...
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