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Marine and transport insurance

At the end of 2022, the total premium income for marine and other transport insurance amounted to nearly 2.4 billion SEK. Between 2021 and 2022, the premium income increased by 7 per cent, which corresponds to 154 million SEK.

Of the total premium income for marine and other transport insurance, approximately half (47 per cent) consists of cargo insurance, just over one-third (38 per cent) consists of hull insurance (i.e., insurance of the vessel/transportation vehicle), and the remainder (15 per cent) consists of liability insurance. Between 2021 and 2022, cargo insurance increased by 4 per cent, hull insurance by 6 per cent, and liability insurance by 21 per cent. Cargo insurance includes insurance for domestic and international transportation of goods, as well as various forms of carrier and forwarding liability. Liability insurance includes liability insurance for both Swedish and foreign forwarders and carriers. Liability insurance applies, for example, if the company becomes liable for personal or property damage. Hull insurance includes insurance for larger and smaller vessels/transportation vehicles (hull), including shipyards.