The 2023 revision of the Nordic Plan

Anders Færden and Halvard Saue, of Wikborg Rein, review the changes in the Nordic Marine Insurance Plan and consider what it means for the shipping insurance sector

The Nordic Marine Insurance Plan of 2013 (the Nordic Plan), version 2023, entered into force on 1 January 2023 following negotiations between the Nordic shipowner associations and the Nordic Association of Marine Insurers.