Since the announcement in February 2016, the Boards of the UK P&I and Britannia Clubs have held discussions regarding a potential merger of the two Clubs.
While a number of potential synergies and benefits were recognised, no agreement could be reached on acceptable terms, and the discussions have now been terminated.
No further comment is being made by either party.
Roland Cross / Gareth David – Four Broadgate
+44 (0) 20 3697 4200