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This report provides an analysis of marine insurance premiums for the years 1998 and 1999. It includes global premium figures, breakdown by economic areas, and major markets for hull and cargo premiums. The report also covers the gross calls P&I premium for the International Group and provides a breakdown by fiscal and operational location.
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Report on Marine Insurance Premium 1998 and 1999 Tore Forsmo The Central Union of Marine Underwriters Oslo, Norway Thanks also to Fédération Française des Sociétés d’Assurances (FFSA) – Direction des Assurances Transports (DMAT)
Key indicatorsWorld Seaborn Trade(1999: estimate - 2000: forecast)
Key IndicatorsWorld Tonnage on Order(in thousands of dwt as per 31.12.98)
Key IndicatorsThe Most Important Maritime Countries(total dwt tonnage > 20 Mio) (in % of world total dwt tonnage, 31.12.98)
Key IndicatorsMaritime Engagement of 10 Major Trading Nations(as per 31.12.98)
Key IndicatorsShare of National Flag of the 10 Largest Maritime Countries (as per 31.12.98)
Report on marine insurance premiums 1998 and 1999 • By end of August 2000, 44 of 54 associations have reported premium figures • Not all were able to produce figures for both accounting years 1999 and 1998 • Reported figures represent approx. 95% of the total marine premium written by all IUMI members for 1998 and approx. 79% for 1999 • Total premiums for 1998 is estimated to reach approx. USD 12.7 billion and for 1999 approx. USD 10.7 billion
Report on marine insurance premiums (USD billions) *Index based on figures from Associations who have reported in both years
Report on marine insurance premiums - Breakdown by economic areas(USD million)
Global Hull Premium - Major Markets 1992 - 1999 (USD Million)
Global Cargo Premium - Major Markets 1992 - 1999 (USD Million)
Gross calls P&I premium (International Group) 1995 to 1999Per country (fiscal domicile) Per accounting year - USD 1000 Source: Standard & Poor’s Mutual Marine Report, Edition 2000
Gross calls P&I premium (International Group) 1995 to 1999Per country (operational location) Per accounting year - USD 1000 Source: Standard & Poor’s Mutual Marine Report, Edition 2000
Report on marine insurance premiums - Accounting year 1998 (in USD 1000)
Report on marine insurance premiums - Accounting year 1998 (in USD 1000)
Report on marine insurance premiums - Accounting year 1998 (in USD 1000)
Report on marine insurance premiums - Accounting year 1999 (in USD 1000)
Report on marine insurance premiums - Accounting year 1999 (in USD 1000)
Report on marine insurance premiums - Accounting year 1999 (in USD 1000)