Role of the Loss Record

This latest edition (November 2016) has been given some detail changes in presentation to better explain these statements and a clarification as to how and why the Club uses the loss record. 

The loss record helps to gauge the likely level of risk that a Member brings to the Club. The loss record format provided to Members is expressed on a scale of 100 per cent. This change in presentation does not change any claims or premium data. The record states the overall financial position with the Club. Members and their brokers can access these loss records through any conventional web browser via Underwriting Online in the Members Area. 

Specific questions about individual circumstances naturally arise, and owners and brokers are encouraged to contact the underwriting department: underwriting.ukclub@thomasmiller.com

Please visit our underwriting page for more information.

Downloads

  • 26399 - Loss_Record_Guide_Nov_2016_WEB 397 KB

    13/12/2016

    Download PDF

Staff Author

UK P&I

Date13/12/2016

Tags

You may also be interested in:

The UK P&I Club recently held a webinar on the subject of Chemical Tanker Claims, the webinar was a great success with more than 1000 registrations from over 58 countries

As part of our series of live webinars covering various Loss Prevention issues, the UK Club provided anoverview of P&I Clubs and claims for Members, brokers and industry contacts in the Americas region

The UK P&I Club host their third live webinar, this time giving an overview of P&I Clubs and Claims.

On 19 September 2022 the EU further amended its FAQS clarifying the application of provisions relating to the carriage of certain cargoes from Russia, including coal and other solid fossil fuels as well as certain types of fertilizer.