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NoMIS - as of 31 December 2018
A sea of tranquillity? Major claims exceeding 30 USD million stay absent for the third year in a row, reflecting a 1-in-8000-year probability. Overall claims frequency continues long-term positive trend and stabilizes at 23%. Total loss frequency at lowest level ever. Reduction in insured values slowing down. 2019 may mark the end of the period without claims in excess of USD 30 million, as two severe casualties incurred between January and March 2019 are partly covered in the Cefor market....
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2018 June Cefor Hull trends report
Hull trends per June 2018: Claims trends stay stable at low level, Vessel values slightly recovering Major claims impact continued to be low in the first half of 2018, despite one grounding with a cost of USD 25 million in the first quarter of the year. The overall claims frequency continues its positive trend and stabilizes at a relatively low level. The total loss frequency reached a minimum in the first half of 2018, and continues thus the last year's trend with some oscillation at low...
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