Cefor

Cefor Sanction Limitation and Exclusion Addendum In response to the Russian invasion of Ukraine, Cefor publishes an addendum clause, the Cefor Sanction Limitation and Exclusion Addendum (Cefor Form 2022/ 288). …

Fires - still burning A new Cefor fire trend analysis, based on reported casualties as per year-end 2021, illustrates that fires have not shown the same positive trend as most …

Claims impact surprisingly low - except fires Cefor released today its comprehensive hull claims trends as of 31 December 2021. Highlights Suprisingly benign claims development - despite limited effect of …

Webinar: Cefor 2021 hull fleet and casualty trends View recording & presentation by Astrid Seltmann from this webinar that was held Wednesday 6 April 2022. In this webinar, Cefor Analyst …

2021 June Hull trends Cefor half-year hull trend report as of June 2021 published. Contents: One year into the COVID-19 : The changes since 2020 and how their impact on …

Communicable Disease Exclusion Clauses Updated 8 Dec: New Cefor Communicable Disease Exclusion Clauses for hull and loss of hire covers subject to the Nordic Plan are now available as Cefor …

Claims impact down - No all-clear signal for fires Cefor released today its comprehensive hull claims trends as of 31 December 2020. Highlights Substantial reduction in overall claims frequency and …

Offshore Energy Protocol An Offshore Energy Claims Leader Fee Protocol for use with insurance covers under Chapter 18 of the Nordic Plan has been agreed between the Joint Energy Claims …

Floating repair yard safety regulation Ny sikkerhetsforskrift ved forsikring av flytedokker er nå tilgjengelig som et tillegg for forsikringer tegnet under den Nordiske Sjøforsikringsplanen. An updated version of the Cefor …

2020 June Hull Trends Cefor half-year hull trend report as of June 2020 published. Contents: COVID-19 : Special focus on how COVID-19 impacts hull trends. : Special focus on how …

Webinar Casualty trends 28 April 2020 Cefor analyst Astrid Seltmann will give an insight into Cefor's latest hull casualty trends, with particular focus on fires. Contents will include: Casualty trends …

Major claims return - Fires a concern Cefor released today its comprehensive hull claims trends as of 31 December 2019. Highlights: Major claims impact returned in 2019 to the average …

Cyber Endorsement Clause: Cefor translation of LMA5403 Cefor intends to translate relevant cyber exclusion/ endorsement clauses into the Nordic languages (Norwegian, Swedish, Danish and Finish), for the benefit of Insurers …

Pandemic Delay Clause - LoH A Cefor Pandemic Delay Clause for Loss of Hire insured under the Nordic Plan is now available. Please note that this is a standard policy …

New Cefor Form 279 A new edition of the Norwegian Marine Insurance Conditions for Commercial Vessels less than 15 Metres long (Cefor Form 279) is now available. The Cefor Coastal …

Nordic Plan available in Finnish A Finnish version of the Nordic Marine Insurance Plan of 2013 is now available for order. The translation is also published online. With this last …

New Clause to the Nordic Plan The Nordic shipowner associations and Cefor have agreed on a new Clause with a Commentary which may be used to replace Clause 3-15 on …

Nordic Plan App now available Cefor has launched an App for the Nordic Marine Insurance Plan of 2013. The Nordic marine insurance market adapts to changing risks by keeping the …

Cefor Sanction Limitation and Exclusion Clause 2014 Cefor has produced a Clause named Cefor Sanction Limitation and Exclusion Clause. The wording is identical to the Clause produced by the London …

New set of clauses to the Nordic Plan The Nordic shipowner associations and Cefor have agreed on a new set of clauses for All Risk Construction Insurance of Mobile Offshore …

Pre-order Version 2016 of the Plan To secure an early copy of Version 2016 of the Nordic Marine Insurance Plan delivered directly from the printers in October, pre-ordering is now …

Version 2016 amendments approved Version 2016 of the Nordic Marine Insurance Plan is now approved and published on the Plan website. The complete text and Commentary is available from www.nordicplan.org. …

Brochure Nordic Plan Version 2016 An introduction brochure for the Nordic Marine Insurance Plan of 2013, including also the new Version 2016 amendments, is now available. Download PDF version To …

Nordic Plan translations Version 2016 of the Nordic Plan is now available in Danish, Finnish, Norwegian and Swedish language editions. The translated versions may be viewed online or ordered as …

New: Handbook on hull insurance A new edition of "Handbook on hull insurance" by authors Trine-Lise Wilhelmsen and Hans Jacob Bull is now available for sale. This second edition of …

Autonomous ships - zooming in on liability and insurance The final report from a joint project between CORE Advokatfirma and Cefor on Maritime Autonomous Surface Ships (MASS) was launched on …

Interest rates on Claims for 2022 We wish our members, partners and friends a Happy New Year! Interest Rates for the year 2022 on Claims settled in accordance with the …

Launch seminar Version 2019 Experts from the Plan's Standing Revision Committee introduced the new Version 2019 amendments to the Nordic Marine Insurance Plan at a seminar in Oslo 10 October. …

Intro brochure Nordic Plan A new pdf brochure with a brief introduction to some of the main features of the Nordic Marine Insurance Plan is now available.

Hull trends - A sea of tranquillity? 2018 was the third consecutive year with an exceptionally low claims cost, but the start of 2019 could put an end to this. …

The UK Supreme Court's decision in the "Renos" and the position under the Nordic Plan. The UK Supreme Court's decision in the "Renos" on CTL In the "Renos" the UK …

Høring - endring i årsregnskapsforskriften Cefor imøtegår et høringsforslag om endringer i årsregnskapsforskriften for skadeforsikringsselskaper, og ber om at forslaget trekkes. Som begrunnelse påpekes det at forslaget ikke hensyntar gjensidighetsprinsippet …

Getting to Zero 2030 Coalition Cefor is proud to be among the supporting organisations of the Getting to Zero 2030 Coalition that was announced on 23 September 2019. The Coalition …

Plan revision extended by one year The five signatory Parties to the Nordic Plan Agreement have agreed to extend the periodical revision cycle of the Nordic Marine Insurance Plan (the …

2019 June Hull Trends Cefor half-year hull trend report as of June 2019 published. Contents Major losses are back after 3-year period without losses in excess of USD 30 million. …

2026 annual seminar and dinner 9 April The Cefor seminar and dinner will be held at the Grand Hotel in Oslo in conjunction with the Association's Annual General Meeting Thursday …

Special Alteration of Risk Clause Cefor Form 2026/292 has just been released for optional use on covers not subject to the Nordic Marine Insurance Plan of 2013. View or download …

2017 June Hull claims trends Major claims impact was low both in 2016 and the first half of 2017. The overall claims frequency continued its positive trend. The total loss …

ISO guidelines for armed maritime guards Guidelines for Private Maritime Security Companies (PMSC) providing privately contracted armed security personnel (PCASP) was published by the International Organization for Standardization 14 March …

Arctic Best Practice Declaration A voluntary "Best Practice Declaration" for marine operations in the Arctic was released for comments 8 April. Cefor has given its support in principle to the …

Solvens II i norsk rett Cefor ber Finansdepartementet klargjøre en skattemessig usikkerhet i forbindelse med gjennomføringen av Solvens II. I sitt høringssvar til forskriftsforslaget påpeker Cefor at det vil være …

Nuclear deal lifts Iran sanctions The U.S. and European Union has lifted its nuclear-related sanctions on Iran upon verification that Iran has implemented some key nuclear-related measures. The reponse is …

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 …

Norsk finansskatt fra 2017 A new tax on financial institutions in Norway was proposed today. The new tax will impair the competitiveness of the Norwegian marine insurance market against competition …

2018 June Hull Trends Claims trends stay stable at low level, Vessel values slightly recovering, but increasing gap between average vessel values and size. Major claims impact continued to be …

Marine Insurance - Challenges and Opportunities for Actuaries Cefor Analyst/Actuary Astrid gave a presentation about 'Trends in Marine Insurance - Challenges and Opportunities for Actuaries" at the ICA 2018, the …

Cefor positiv til ny forskrift om batterisystemer Sjøfartsdirektoratet foreslår minimumskrav til skip som bruker større batterisystemer, uavhengig av klasseselskap, og imøtekommer sikkerhetstilrådingene etter Brim-undersøkelsen. Kombinasjonen av et mangelfullt regelverk og …

Introducing Our New Code of Conduct We are pleased to announce the launch of our new Code of Conduct, setting a clear standard for professional and ethical behavior across the …

2025 Mid-year hull report Cefor released the 2025 mid-year hull report with the latest fleet and casualty trends and special focus on fires. Highlights: A burning issue - fires dominate …