The following documents are maintained on the Knowledge & Developments database but are collated here for the convenience of noteholders

At this half year, free reserves remain at a healthy level of $473 million.  The reduction of $21 million reflects the higher claims experience of 2013, offset to some extent by continuing improvement in the most recent...
Date: 30/10/2013
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OUTLINEReport of the AGM proceedings and resolutions adoptedSix new Directors elected to the BoardMr Alan Olivier elected as Chairman and President of the BoardTO THE...
Date: 30/10/2013
OUTLINEGeneral Increase for the 2014 policy year is 10 per centThe standard deductible will increase to $8,500Any increase in the cost of the International Group reinsurance will be passed on to...
Date: 01/10/2013
This circular provides details of the AGM of the Association which will take place in Bermuda at 9 am on 28th October 2013 and the arrangements for voting by proxy. 
Date: 19/09/2013
The UK Club has entered into a closing agreement with the United States Internal Revenue Service (IRS). This closing agreement secures exemption for the Club from Section 4371 Excise Tax, which applies to insurance premiums...
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The United Kingdom Mutual Steam Ship Assurance Association (Bermuda) Limited Directors’ Report & Financial Statements for the year ended 20th February 2013
The Club’s funds have continued to strengthen in the first half of 2012 with free reserves and capital increasing by US$8 million to US$494 million. With the Club’s owned tonnage at 20th August standing at over 116 million gross...
Date: 27/07/2012
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The complete financial statements of the UK Club are being mailed to Members and brokers on Monday 30th July.
Date: 10/05/2012
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2009 policy year closed; Open years developing favourably; Free reserves and Hybrid Capital increased to US$486 million; Combined ratio of 97 per cent
Date: 10/05/2012
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Good result in difficult times:  This year we report another operating surplus and a further increase in the Club's free reserves and hybrid capital to $486 million.  This level of capital, puts our Club's financial strength at the top level of its peer group in the P&I sector.  This result is particularly pleasing as it comes in a year which has seen results elsewhere in the market adversely affected by an increase in claims and volatile investment returns. Overall the Club produced a surplus of $11 million.  The main driver behind this positive outcome was the continuing improvement in the claims reserves on the more recent policy years and the early indications that 2011 will be a low claims year.

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.