Strike Club to merge with Standard Club
The Strike Club, a mutual provider of delay insurance, is to merge with the Standard P&I Club. Under the new arrangement the Strike Club, which will bring its assets and liabilities into The Standard Club, […]
P&I
Steamship Mutual gains branch office status in Hong Kong
Steamship Mutual P&I Club has announced that the Hong Kong Insurance Authority has formally authorised the Club to establish a Branch in Hong Kong from 17 August 2018. Steamship Mutual is the first P&I Club […]
Britannia declares US$20m capital distribution to members
The Britannia P&I Club has announced it will pay back US$20m to members after declaring a US$80.6m surplus for the 2017/18 year. Britannia’s P&I members have now benefited from US$61m of deferred call waivers and […]
Changing of the guard at Gard Hong Kong
Norwegian P&I Club Gard has appointed Mark Russell as managing director of the Hong Kong office effective 1 August 2018. Mr Russell will replace the incumbent managing director Trygve Nokleby who will be returning to […]
Britannia P&I boosts Asian presence
Britannia P&I has set strengthening the Club’s position in Asia as a key strategic goal with the announcement of new staff. John O’ Flaherty will head up the Club’s new Singapore operation. Mr O’ Flaherty […]
Aon calls for ‘general decrease’ at upcoming P&I renewal
International insurance broker, Aon has suggested that the P&I Clubs of the International Group could quite easily offer ‘general decreases’ at the annual renewal on 20 February. “The P&I Clubs that make up the International […]
No news is good news ahead of P&I renewal
The 13 P&I Clubs of the International Group will, for the second year running, abstain from imposing general increases on premiums come renewal on 20 February. If that is pleasing information for shipowners, those with […]
IG recognises vital role of P&I correspondents for at-risk seafarers
The International Group of Protection and Indemnity Clubs used a panel session at this year’s P&I Clubs Correspondents Conference to discuss the details of the impact of the 2014 MLC amendments regarding seafarer liability and […]
P&I qualification to be offered to Clubs’ correspondents
The International Group of Protection and Indemnity Clubs is to open up its professional qualification programme to all listed Group P&I correspondents, the IG said Monday. The move has the potential to provide hundreds of […]
International Group Excess Loss reinsurance costs fall
Ahead of contract renewals with its members in February 2017, the International Group of P&I Clubs has reduced its Excess Loss Reinsurance rates. The reductions vary from 5% to 9.3% depending on vessel type. “The […]
