The UK Club leads from a strong financial position
The Club’s financial position remains strong with free reserves of $507 million as at 20 February 2021. The Club continues to comfortably meet all its regulatory capital requirements. Standard & Poor’s reaffirmed the Club’s A rating in December 2020.
This document is the second Solvency and Financial Condition Report (“SFCR”) of UK P&I Club N.V.
This Solvency and Financial Condition Report (“SFCR”) covers the Business and Performance of The United Kingdom Mutual Steam Ship Assurance Association Limited (“UKC” (solo basis) or “the Group”).