P&I Clubs are sitting on US$6.8bn of members' money. Only two are handing any back
Free reserves have grown by almost 40% in three years, but most International Group Clubs say now isn't the time for capital returns
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Free reserves have grown by almost 40% in three years, but most International Group Clubs say now isn't the time for capital returns
Investment returns topping US$1 billion lifted all 12 Clubs into overall surplus, though only five turned an underwriting profit
Lloyd's Market specialty insurance brokerage Tysers reports that the rising cost of major casualties will likely prompt P&I clubs to raise their premi...
The combined entity will carry US$750m in annual premium and span maritime, logistics and port risks under one structure
Skuld climbs to second, West breaks into the top four and Steamship Mutual slides into the bottom half of Tysers' annual rankings
Bold Penguin, Cogent International, and Del Rio Group join the association ahead of the annual Insurance Leadership Forum
The US$2.8bn claim has exhausted the IG's reinsurance limit, and pricing the higher layers for 2027 is an open question
The $2.8bn claim has exhausted the IG's reinsurance limit, and pricing the higher layers for 2027 is an open question
Background The convergence of insurance and private capital is no longer an emerging theme. In the US, the ‘Apollo playbook’ has become a blueprint for large-scale insurance-sector...
The clubs now own their manager outright, ending a 140-year arrangement, as United Transport Mutual takes shape
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