Archive
Here you can download all of our Annual Reports.
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Annual Report 2019
The Cefor Annual Report contains an update on the Cefor market and its activities in 2019 and on the ocean and coastal hull trends. Special focus articles highlight the fire challenge, claims...
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Annual Report 2018
The Cefor Annual Report contains an update on the Cefor market and its activities in 2018, and on the ocean and coastal hull trends. A focus article highlights the crucial role of detentions as...
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Annual Report 2017
In addition to marine hull claims trends, market overview and summary of the reporting year, the Annual Report features articles on the reactivation of mobile offshore units from the perspective of...
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Annual Report 2016
Claims in hibernation
2016 enters history as the year with a complete absence of claims above USD 30 million for the first time in ten years and a record low number of claims above USD 5 million. In addition to marine...
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Annual Report 2015
More total losses
After the extraordinary absence of major losses in 2014, in 2015 there were thirteen losses above USD 10 million. Seven of these were total losses. Falling insured values increase the probability o...
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Annual report 2014
Hull claims in calmer seas
The main feature in 2014 was the substantially reduced cost of ocean hull claims in excess of USD 5 million. The total loss frequency is almost record low, and the overall claims frequency despite...
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Annual report 2013
Expensive losses = expensive claims
Are costly exceptions the new normal? The favourable post financial-crisis trend has continued, with some costly exceptions. In 2012, the exception was a surge in total losses of high-value vessels...
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Annual report 2012
The year of the titans
After three relatively good years, 2012 brought hull underwriters back to heavy losses. Do underwriters need to recalibrate their perception of risk? Cefor Annual Report 2012 Press Release
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Annual report 2011
Calm before the storm...?
2011 concludes a 3-year period of relative benign claim frequencies and severity, following the costly 3-year period from 2006 to 2008. Cefor Annual Report 2011 Press release
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Annual report 2010
Relative stability after a turbulent period
After a period of growth and sudden decline in the world economy as well as the shipping sector, we now appear to have entered into more stable conditions. Cefor Annual Report 2010
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Annual report 2009
The year that changes everything?
Claims costs continue at high levels despite financial crisis and economic recession. Cefor Annual Report 2009 Press release
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Annual report 2008
Increased repair costs and frequency of marine claims. Cefor Annual Report 2008 Press release
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