Lloyd’s Open Form cases at historic low, ISU statistics for 2023 show

Capt. John

Lloyd’s Open Form (LOF) cases numbered 16 in 2023 (26 in 2022) generating LOF revenue of $29m (down from $66m in 2022). Wreck removal income was $193m from 30 services, compared to $55m from 32 services in 2022, according to just published statistics from the International Salvage Union (ISU)....

https://insurancemarinenews.com/insurance-marine-news/lloyds-open-form-cases-at-historic-low-isu-statistics-for-2023-show/

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