The marine insurers assembled their individual results in order to obtain the market figures for 2022. Four lines of business are involved : 1) the worldwide transport of goods, 2) transport of goods by road (CMR), 3) ocean hull and 4) inland hull.
These figures gives insights on the evolution of the premium revenues from the marine insurers and the quality of the obtained results for which the loss ratio serves as indicator.
On accounting year as per 31/12/2022
GROSS PREMIUM TOTAL CLAIMS L/R GROSS %
Cargo 369.412.655 281.644.699 76,24
CMR 44.836.417 22.628.816 50,47
Inland Hull 26.845.579 16.085.539 59,92
Ocean Hull 75.570.823 51.488.216 68,13
TOTAL 516.665.474 371.847.270 71,97
Secretariat of the Royal Belgium Association of Marine Insurers ( ABAM BVT )