30 September 2016
Welcome to the 2016 annual P&I pre-renewal review. A lot has happened in a short time in the P&I market, the first half of 2016 was dominated by the twin BR’s of BRexit (Britain’s referendumRead more...
to leave the EU) and BRUK (the putative merger of the Britannia and UK Clubs), to such an extent that the 20th February 2016 Club results almost passed by unnoticed.
30 September 2016
Welcome to the 2016 annual P&I commercial market review. Our view at Arthur J. Gallagher is that the “Non-IG market” is an important part of the maritime insurance industry.
The Arthur J. Gallagher “Commercial P&I Market Review” continues to be the most comprehensive fixed market review of its kind and compliments our mutual IG Club “Annual Pre-Renewal P&I Review” offering.Read more...
29 June 2016
P&I Club Results & the end for the “Super Club” Merger
As we suffer yet another typical wet English summer, it’s a good time to digest the clubs’ financial results that have recently been announced and circulated by Arthur J. Gallagher, with a review of these in our latest Marine P&I Outlook newsletter.Turning to the proposed merger between the Britannia and UK clubs, which has now been consigned to history along with several past attempts to consolidate within the market, we also explore the demise of the "super club" merger.Read more...
25 May 2016
In this special edition of the Arthur J. Gallagher Marine Hull & War Risks Market Update, we welcomed three well known Lloyd’s Underwriters to the Arthur J. Gallagher office for a round table discussion on issues currently affecting shipping and the insurance market. During our discussion, they were able to offer their own valuable insight into how insurers can assist shipowners in the difficult shipping market and also the unique difficulties they face maintaining profitability in such a challenging environment.Read more...
16 May 2016
Whilst many P&I clubs are currently not experiencing many owners laying up their vessels, it has been a topical subject of interest when visiting our clients in the past year. Our clients generally foresee that the dry bulk market will not change drastically in the years to come, and therefore we feel that the laid up return aspect of P&I may become prominent once again as it was back in the 80s.Read more...