FacebookTwitterEmailLinkedin Marine hull insurance claims costs remain elevated, while an ageing insured fleet and rising vessel values are increasing risk exposure, according to the Mid-year hull report from the Nordic Association of Marine Insurers (Cefor). Major losses continue to exceed USD 50 million The first half of 2026 marked the fourth consecutive year with claims exceeding USD 50 million. Overall claims costs were slightly lower than in 2024 and 2025, mainly due to fewer claims in the USD 10-50 million range and less severe fire losses. Major losses above USD 50 million have re-emerged since 2023 and continued in 2026, commonly involving fires, collisions and groundings. RelatedNews Allied: Tanker earnings boost VLCC investment in first half of 2026 SEA-LNG: Technology neutrality is becoming more important var jnews_module_21381507_0_6a9ff1217b710 = {"header_icon":"","first_title":"Related","second_title":"News","url":"","header_type":"heading_8","header_background":"","header_secondary_background":"","header_text_color":"","header_line_color":"","header_accent_color":"","header_filter_category":"","header_filter_author":"","header_filter_tag":"","header_filter_cpt_post_tag":"","header_filter_cpt_tribe_events_cat":"","header_filter_cpt_web_story_category":"","header_filter_cpt_web_story_tag":"","header_filter_text":"All","sticky_post":false,"sticky_post_filter":false,"post_type":"post","content_type":"all","sponsor":false,"number_post":"2","post_offset":0,"unique_content":"unique1","include_post":"","included_only":false,"exclude_post":"21381507","include_category":"","exclude_category":"","include_author":"","include_tag":"323,734,528,1582","exclude_tag":"","exclude_visited_post":false,"post_tag":"","tribe_events_cat":"","web_story_category":"","web_story_tag":"","sort_by":"latest","show_date":"","date_format":"default","date_format_custom":"Y\/m\/d","pagination_mode":"disable","pagination_nextprev_showtext":"","pagination_number_post":"2","pagination_sc