23.09.2009
IUMI Conference 2009 Bruges 13-16 September - Facts and Figures Reports
as presented on Monday 14.09.2009, by F&F Committee chairman Mr. Cedric Charpentier and Vice-chairman and Cefor analyst Ms. Astrid Seltmann. Including reported claims ladder statistics and estimated ultimate loss ratios for underwriting years 1996 to 2008.
In addition the presentations given by Philippe Chalmain and Dieter Berg at the F&F Open Forum, and additional statistical information issued by the F&F Committee presented in the Fact Sheets for Hull, Energy and Cargo.
Global Shipping Market Trends 2009 (Cedric Charpentier)
Global Marine Insurance Report 2009 (Astrid Seltmann)
     a) Conference presentation
     b) Extended version including additional graphs, data tables and definitions
The 2009 "Indian Summer" of World Economy (Philippe Chalmin)
Impact of the Worldwide Recession on Marine Insurance (Dieter Berg)
2009 Fact Sheet Hull
2009 Fact Sheet Energy
2009 Fact Sheet Cargo

All other IUMI conference presentations will be available for download at www.iumi.com.

07/09/2009
Cefor Claims Update as of 30 June 2009
The Cefor Claims Update Fact Sheet based on data as of June 2009 is available for download now!
Check the recent development of insured values, claims frequency, repair costs and the impact of major claims and total losses in the international hull market.
Claims Update Fact Sheet as of June 2009

Check also the 2009 Cefor Fact Sheet with an overview over the Cefor market:
Cefor Fact Sheet 2009

03/09/2009
Cefor Cargo Insurance Seminar 2 September
Cefor arranged a cargo insurance seminar with Mr Nicholas Gooding, Senior Cargo Underwriter, XL London Market Ltd. and Mr Joakim Bronder, Senior Manager, Gard as speakers. The themes were The revised Institute Cargo Clauses and The Rotterdam Rules.
Download the presentations:
The revised Institute Cargo Clauses       The Rotterdam Rules

03.07.2009
Cefor supports new IACS commitments
In a response to the European Commission's market test notice concerning the competition investigation of IACS, Cefor has given its full support to the proposed commitments by IACS concerning ship classification market. More information about the investigation is available on the DG Competition website:
Link to DG Competition documents
Cefor comments 03.07.2009

03.07.2009
Safety Management Systems for Norwegian fishing vessels
According to Section 7 of the Norwegian Ship Safety Act the Owner has the duty to establish, implement and develop a Safety Management System. This duty applied also to owners of fishing vessels. The Maritime Directorate (NMD) issued a Regulation of 18 June 2007 by which Section 7 of the Act was made non-applicable to owners of fishing vessels. Cefor sent a letter to the NMD arguing against the Regulation. The NMD replied that it intended to recall the Regulation. The NMD has issued a Consultation Paper dated 1 July proposing to recall the Regulation with effect of 1 January 2010. The captioned documents are only in Norwegian and can be downloaded from the link Consultations on the Main Menu.

09.03.2009
CEFOR Annual Report 2008
Download the complete CEFOR Annual Report 2008

06.03.2009
CEFOR Annual General Meeting and Seminar 2009
After the CEFOR AGM, 5 March 2009 at Grand Hotel, Oslo, Cefor's Managing Director Helle Hammer gave an overview over the state of the marine insurance market:
State of the market, presentation by Managing Director Helle Hammer

followed by a seminar on Changes in the worlds financial environment and the implications for shipping and marine insurance, presentations were given by:
Sverre Bj�rn Svenning, Director, Fearnley Consultants
Sturla Henriksen, Director General, Norwegian Shipowners Association
J. Justin Gardner, Vice President, Gen Re Global Ocean Marine

Nordic Marine Insurance Statistics (NoMIS)  - 2008 update
The lastest claims trends from the date of loss perspective in the Cefor Annual Report 2008:
NoMIS in the CEFOR Annual Report 2008
The "classical" Cefor NoMIS ppt-Report, with comprehensive claims data by age group, vessel types, size groups as well as further key figures, from the traditional underwriting year perspective.
The 2008 NoMIS Report

Press Release 5 March 2009:
Cefor releases 2008 marine claims statistics, adopts new name and elects new Board of Directors
Read whole press release


23.02.2009
Alandia becomes CEFOR member
We have the pleasure of announcing that the land based insurance company Alandia has become a CEFOR member as of 20 February. The parent company Redarnas msesidiga Frskringsbolag offers marine insurances and statutory accident insurances for shipping companies and seafarers.

In the marine sector Alanida offers Hull & Machinery insurance, Hull Interest, Loss of Hire, and War Risks. In order to cover liability claims in shipping, a complete range of P&I products is available depending on the need for coverage. Alandia also offers cargo and yacht insurance beside other types of non marine insurances. The Alandia website is www.alandia.com.


19.01.2009
Nordic Marine Insurance Conditions and Practice Seminar
Current Realities - Future Possibilities, Copenhagen 15-16 January 2009
Programme
List of participants

Presentations for download:
Review of current realities and wishes for the future:
Karoline Bhler, Attorney-at-Law, Norwegian Shipowners' Association
Hannu Honka, Average Adjuster of Finland & Professor of International Commercial Law, bo University
Lars Malm, Director, Risk & Operation, The Swedish Club
The Development of the Norwegian Plan since 1996 - Content and process:
Trine-Lise Wilhelmsen, Professor, LL.D. & Chair of the Plan Standing Revision Committee as from 2007
Overview of the main differences between the Norwegian Plan and the other Nordic marine insurance conditions:
Hans Jacob Bull, Professor, LL.D. & Chair of the Plan Drafting Committee 1993-2007

06.01.2009
Interest Rates on Claims 2009
settled in accordance with the Norwegian Marine Insurance Plan of 1996 (the Plan) for the years 1997 to 2009 can be downloaded from the box on the right-hand side. This information will be updated January every year. 

06.01.2009
CEFOR Clause No. 3 Change of Conditions Clause - amended wording
Although the wording is clear and reads that the clause does not apply in the case of change of ownership, some brokers have recently been arguing that the wording could indicate that the clause also applies in such cases. In order to make this clear beyond any doubts, an additional sentence has been added to the wording.
Download the clause here.

If you cannot find what you are looking for, check "Archive" for older publications. 
Theme-related issues you may find under "Insurance Conditions", "CEFOR & IUMI Statistics" or "CEFOR circulars"!