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Welcome to the Nordic Plan Seminar

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1 Welcome to the Nordic Plan Seminar
London, 23 January 2013

2 Nordic Plan agreement 3 November 2010
5 signatory parties Nordic = Denmark, Finland, Norway & Sweden Determines how, who and when

3 How? Starting point: Norwegian Plan 1996, Version 2010
Starting point: Norwegian Plan 1996, Version 2010 Mandate Standing Revision Committee All agreed or no amendments Consultations Text and Commentary in English Nordic translations Cefor © The Nordic Association of Marine Insurers

4 Who? Plan’s Standing Revision Committee (SRC) for 2013
Trine-Lise Wilhelmsen, Chair Professor, LL.D., Director of Scandinavian Institute of Maritime Law Kaja de Vibe Malling, Secretary PhD Research Fellow, Scandinavian Institute of Maritime Law Members Cefor Haakon Stang Lund (NHC) Johan Kahlmeter (The Swedish Club) Olli Kytö (Alandia) Sveinung Måkestad (Gard) Hanne Rydelsborg (Codan) Iris Østreng (DNK) Nordic Shipowners’ Associations Karoline Bøhler (NSA) Kim Forssblad (Stena) Jan Hanses (Viking Line) Lone Scheuer Larsen (Torm) Hogne Nesse (Høegh Autoliners) Bjarte Thorsen (KGJS) Average Adjusters Bjørn Slaatten Deputies Cefor Eirik Fosland (Tromstrygd) Harald Hansson (Codan) Jan Limnell (Alandia) Einar Sandbakken (Gerling) Roar Sanden (NHC) Nic Wilmot (Gard) Nordic Shipowners’ Associations: Svein Bergstad (Seadrill) Elsebeth Grosmann-Huang (J Lauritzen) Dan Mikkola (Godby Shipping) Leif-Roar Pettersen (Color Line) Ingela Tenglin (Stena) Marthe Romskoug (Wilhelmsen Ins.) Anders Arve Waage (DOF Mgmt.) Average Adjusters Vibeke Kofoed

5 When? – 2016 revision... Start-up Cefor December 2012
Deadline proposed amendments from parties to SRC: 1 June 2014 SRC amendments: 1 June 2015 Consultation deadline: 1 July 2015 SRC proposals to signatory parties: 15 September 2015 Approval by parties: 1 October 2015 ...by 2014

6 Agenda New Nordic Marine Insurance Plan of 2013 – why, how and what do the assured get? Trine-Lise Wilhelmsen, Professor, LL.D. Scandinavian Institute of Maritime Law Chair of the Plan’s Standing Revision Committee (SRC) jurisdiction/choice of law, scope of cover: all risks, causation and incidence of loss, wear and tear and error in design, interest on compensation, duties of disclosure and due care: duty of disclosure, safety regulations, warranties Chapter 18 MOUs Svein Bergstad, Director of Risk & Insurance Seadrill Management AS Q&A The Nordic Association of Marine Insurers


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