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Circular 04/22: Review of Open Policy Years
At their meeting in May 2022, the Directors closed the 2019 policy year. The deficit was transferred to the reserves.

Review of the Year 2022
The Club’s financial position remains strong with free reserves of $488 million as at 20 February 2022. The Club continues to comfortably meet all its regulatory capital requirements and remains in the highest AAA band of Standard & Poor’s capital model.

Circular 03/22: General Trade Licence dated 17 March 2022 – Reporting of vessel calls to Russia and transiting Russian territorial waters
On 17 March 2022 the UK Government published a General Trade Licence in part to clarify earlier amendments to the UK Russia (Sanctions) (EU Exit) Regulations (the “Regulation”). Specifically, the licence addresses the issue as to whether it is lawful under the Regulation for insurers and reinsurers domiciled or operating from the United Kingdom to provide insurance for vessels calling at Russian ports or transiting Russian territorial waters.

UK Sanctions - An Update
The UK has implemented a number of sanctions in response to Russia’s invasion of Ukraine. The applicable UK legislation is The Russia (Sanctions) (EU Exit) Regulations 2019, which has been amended by eight additional regulations (the “Amendments”).

UK P&I Club participated in SeaJapan 2022
On 20-22 April 2022 Sea Japan made a welcome return and we were delighted to participate for the very first time and show our support to one of the biggest maritime tradeshows in Japan.

A Guide to People Claims
Information and documentation required to efficiently handle your claim.
Additional Covers
We off a tailored solution to provide extended cover beyond your standard P&I policy for additional risks for both Owners and Charterers.
Charterers & traders
We offer market leading Charterers & Traders liability cover shaped around the specific needs of the Assured
Claims management
Shipowners rely on their P&I clubs to handle liability claims financially and administratively
TM Connect
We've launched a new online services platform to enhance online services and data access for Members and their brokers
Underwriting
We take a disciplined approach to underwriting and risk selection and the Club continues to aim for a combined ratio of 100 per cent or lower.
Loss Prevention
Our full-time, worldwide loss prevention team provides Members with proactive and inclusive loss prevention support
Crew Health
The Crew Health programme is the leading loss prevention initiative within the UK P&I Club
Mental Health
Support, awareness & education is the key in recognising mental health issues & the first step in order to support crew on the journey to recovery.
News and Insights
View allCircular 04/22: Review of Open Policy Years
27/05/2022
At their meeting in May 2022, the Directors closed the 2019 policy year. The deficit was transferred to the reserves.
Review of the Year 2022
27/05/2022
The Club’s financial position remains strong with free reserves of $488 million as at 20 February 2022. The Club continues to comfortably meet all its regulatory capital requirements and remains in the highest AAA band of Standard & Poor’s capital model.
The Club’s correspondent in China, Huatai Marine, provide in their latest Circular No: PNI [2022] 05 details of this summer’s fishing ban along China’s coastal areas.
On 17 March 2022 the UK Government published a General Trade Licence in part to clarify earlier amendments to the UK Russia (Sanctions) (EU Exit) Regulations (the “Regulation”). Specifically, the licence addresses the issue as to whether it is lawful under the Regulation for insurers and reinsurers domiciled or operating from the United Kingdom to provide insurance for vessels calling at Russian ports or transiting Russian territorial waters.
UK Sanctions - An Update
16/05/2022
The UK has implemented a number of sanctions in response to Russia’s invasion of Ukraine. The applicable UK legislation is The Russia (Sanctions) (EU Exit) Regulations 2019, which has been amended by eight additional regulations (the “Amendments”).
Contracting states of Convention on Limitation of Liability for Maritime Claims 1976 (LLMC 1976)
AMSA Focused Inspection Campaign (FIC) in Australia on Hours of Work and Rest, May & June 2022
05/05/2022
The Club would like to draw Members' attention to the update below from the Club's Correspondents in Australia.

The International Group of P&I Clubs
The thirteen P&I Clubs which comprise the International Group (the "Group") between them provide marine liability cover (protection and indemnity) for approximately 90% of the world's ocean-going tonnage.