17 October 2017Marine P&I Pre-Renewal Review 2017
The Marine team are pleased to announce the 2017 annual P&I Pre-Renewal review.
The past year has seen many of the Clubs starting to give money back to owners, as we’ve been predicting for several years. Up to this point, most of the Clubs had resisted temptation, however during the past 12 months all but 4 Clubs have returned funds to members, or reduced the outstanding deferred calls due from members.
In this year’s review we take a look at the Clubs activities throughout the year, summarising their financial positions. We also take a look at various industry statistics, comparing results from the past seven years, as well as reviewing updates to major limiting conventions and statutes affecting P&I risks.
Download the Marine P&I Pre-Renewal Review 2017.pdf