October Review 2012
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 tons, this represents free reserves and capital of US$4.23 per gross ton and a free reserve ratio of over 167 per cent.
The UK Club therefore continues to be one of the financially strongest clubs in the International Group. An improving claims performance on back years together with a positive investment performance in the first six months of the 2012 policy year contributed to the increase in free reserves and capital. As reported elsewhere in this October Review, the Club is experiencing an increase in the cost of claims for the 2012 policy year, as anticipated in the Review of the Year 2012.
UK P&I October Review 2012 (144 KB)
UK P&I Club: October Revew 2012 (Chinese) (312 KB)
UK P&I Club: October Review 2012 Simplified (Chinese) (302 KB)
UK P&I Club: October Review 2012 (Korean) (284 KB)
UK P&I Club: October Review 2012 (Japanese) (7 MB)
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The UK P&I Club (“The UK Club”), one of the leading shipping protection and indemnity mutual insurers, today announces its renewal results for 2021.
2016 Autumn Statement
The Club's performance over the first six months of the year has been extremely strong. After six months of the year, total notified claims on the prudently reserved 2016 policy year are encouraging with few large claims within the Club or Pool retentions. Claims on prior policy years have also developed favourably. Full details of the Club's half year financials are available in the attached '2016 Autumn Review'.