LOF Statistics
Table of statistics for Lloyd's Open Form (LOF). Includes number of cases, settlements, awards and other information since 2010.
Lloyd's Agency
View all 'Lloyd's Agency'Lloyd's Form of Salvage Agreement statistics as at the end of 2022. Please note that the figures shown in the column 'Total Salvage Award' do not include those amounts awarded in cases that remain subject to an Appeal Award.
Data going back to 1990 can be seen in the Archive Documents section
| Year | New Cases | SCOPIC Invoked | Settlements | Salvage Awards Published (Original) | Salvage Awards Published (Appeal) | Total Salvage Award (and %paid through Lloyd's - $1,000) |
| 2010 | 111# | 21 | 38 | 16 | 3 | $9,462 (97%) |
2011 | 106# | 11 | 49 | 9 | 3 | $29,440 (63%) |
2012 | 122# | 1 | 37 | 12 | 3 | $10,559(54%) |
2013 | 61 | 14 | 50 | 12 | 3 | $33,665(39%) |
2014 | 37 | 7 | 50 | 10 | 0 | $36,318(26%) |
2015 | 50 | 12 | 21 | 13 | 4 | $29,533(96%) |
| 2016 | 48 | 11 | 44 | 8 | 1 | $17,085(67%) |
| 2017 | 63 | 13 | 33 | 7 | 0 | $8.038(83%) |
| 2018 | 53 | 8 | 36 | 9 | 2 | $3,461(99%) |
| 2019 | 41 | 11 | 22 | 7 | 2 | $2,289(0%) |
| 2020 | 44 | 9 | 31 | 8 | 1 | $10,587(5%) |
| 2021 | 37 | 7 | 22 | 6 | 2 | $4,280(30%) |
| 2022 | 34 | 11 | 23 | 7 | 2 | $16,712(75%) |
# 2010 - includes 50 yacht cases
2011 - includes 36 yacht cases
2012 - includes 51 yacht cases
* Article 14 Awards/SCOPIC Awards
VALUES
(amounts shown in $1,000,000)
| Year | Ship | Cargo | Other | Total | %Awards to Values |
2010 | $26.9 | $37.7 | $1.3 | $65.9 | 14.4 |
2011 | $25.0 | $43.8 | $0.5 | $69.3 | 42.5** |
2012 | $53.5 | $62.1 | $1.0 | $116.6 | 9.0 |
2013 | $21.8 | $41.9 | $1.6 | $65.3 | 53.9** |
2014 | $27.8 | $67.0 | $1.0 | $95.8 | 37.9** |
2015 | $19.3 | $83.2 | $2.5 | $105.0 | 28.1** |
2016 | $6.7 | $72.0 | $0.7 | $79.4 | 21.5 ** |
| 2017 | $94.2 | $63.2 | $12.3 | $169.7 | 4.7 |
| 2018 | $25.9 | $2.5 | $0.7 | $29.1 | 11.9 |
| 2019 | $32.9 | $18.7 | $0.0 | $51.6 | 4.4 |
| 2020 | $86.7 | $312.0 | $15.9 | $414.6 | 2.6 |
| 2021 | $10.7 | $26.3 | $0.8 | $37.8 | 11.3 |
| 2022 | $119.1 | $311.5 | $13.8 | $444.4 | 3.8 |
** Figures affected by several Awards issued in complex, low value cases against unrepresented interests, represented parties having already settled their proportion of the Salvors' claim.