Marine Insurance P&I Club News Archive

Latest Posts

Panama announces sanctions for deliberate AIS/LRIT deactivation

In likely response to the recent Global Maritime Advisory concerning steps to prevent breach of sanctions issued by the U.S. authorities (please see Notice to Members No.6 2020/2021 for details), Panama has announced that their General Directorate of Merchant Marine will

UK Club: Financial Strength Maintained Due to Exceptional Investment Returns

The UK P&I Club (“The UK Club”), a leading provider of P&I insurance and other services to the international shipping community, announces its financial results for the year ended 20 February 2020. The Club’s financial position remains strong as free reserves

Steamship Mutual P&I Club Reports Strong Performance

Strong underwriting performance reflected in a combined ratio of 99.8%. Average combined ratio for last six years of 92.1% The Club distributed US$ 16.3 million to mutual renewing members on 20 March 2020. Renewal rates at the 2020/21 renewal for mutual