October Review 2011

The UK Club’s financial position has improved strongly over the last
three years. Total assets are currently in excess of $1.6 billion.

Combined ratio

The expected combined ratio for 2011/12 year is below 100 per cent.
If achieved at the year-end the Club will have had two successive
years of balanced underwriting. The Club is continuing to meet its
long term target of 100 per cent combined ratio.

Free reserves & capital
The surplus for the year to date of $8 million has increased the free
reserve and hybrid capital from $478 million to $486 million.
In Standard and Poor’s capital model the Club’s capital adequacy is now
in the AAA range. This combined with a free reserves per gross ton
figure of $4.5 puts the Club’s financial strength at the top level of its
peer group in the P&I sector.

Industry developments

Polar Shipping

Legal, navigational and environmental resources, news and updates on the development of polar shipping. Read more

US VRP Compliance

With effect from 30th January 2014 non-tank as well as tankships calling at US ports will be required to submit VRPs.  For Club and other resources to assist in compliance click here

International Environmental compliance

Environmental Compliance resource page collates material in respect of International environmental compliance issues affecting our Members. Information from the Club, Loss Prevention and external resources has been collated in one place for ease of reference.

MLC 2006

The Maritime Labour Convention enters into force in August 2013 - resources, news & advice on implementation can be found in this dedicated section.  READ MORE

International sanctions

Recent guidance & corresponding material in respect of international sanctions against various countries has been updated with respect to temporary easing of sanctions against Iran.  READ MORE


Essential precautions and preparation against piracy, as well as additional information and resources, loss prevention advisories and useful external web links

Emergency Contacts

If you need to call our offices out of hours and at weekends, click After Office hours for a up to date list of the names of the Duty Executives and their mobile phone numbers. 

Ship Finder

This Ship Finder is updated on a daily basis. Members who need to advise the Club of updates to their recorded ships' details should advise their usual underwriting contact.