2023 Directors' Report and Financial Statements

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Cover
Cover

Explore our comprehensive P&I insurance solutions for shipowners, charterers, and offshore operators. The UK P&I Club are committed to protecting your maritime interests.

More about our cover
- Mutual P&I
  
  Mutual P&I
  
  Mutual P&I cover for shipowners, including liability protection for cargo, crew, passengers and pollution. Discover our personalised approach to claims resolution.
- Non Mutual Covers
  - Charterers and Traders P&I
    
    Charterers and Traders P&I
    
    Charterers liability protection for chartering ships, including hull, cargo, third parties, and pollution. Learn more about our charterers liability cover.
  - Offshore P&I
    
    Offshore P&I
    
    Offshore energy insurance - Offshore P&I cover to meet liabilities and losses incurred by energy vessels, specialised units and charterers in the offshore sector.
  - Additional P&I Covers
    
    Additional P&I Covers
    
    Our extended P&I cover goes beyond the standard P&I policy, addressing additional risks for ship owners and charterers.
  - Fixed P&I
    
    Fixed P&I
    
    Offshore energy insurance - Offshore P&I cover to meet liabilities and losses incurred by energy vessels, specialised units and charterers in the offshore sector.
- Related Thomas Miller Clubs
Manage Risks
Manage Risks

Navigate complex risks with our resources and guidance on fleet quality, loss prevention, crew wellbeing, decarbonisation, and industry standards.

More about manage risks
- Fleet Quality
  
  Fleet Quality
  
  Prevent future incidents with our free maritime safety assessments, leveraging industry expertise and personalised fleet knowledge to ensure safe ship operations
- Loss Prevention
  Loss Prevention
  
  Our Members receive access to world-class loss prevention support with our expertise and professional advice on preventing incidents and costly claims.
- Evolving Risks
  - Alternative Fuels
  - Lithium Batteries
- Crew Wellbeing
  Crew Wellbeing
  
  Ensure crew wellbeing with our comprehensive health programme, backed by decades of experience and a global network of PEME clinics.
  - Physical wellbeing
  - Mental wellbeing
    
    Mental wellbeing
    
    Support seafarers’ mental wellbeing with our dedicated guidance and extensive network of charities and healthcare partners.
- Club Collaborations
News & Resources
News & Resources

Our Resources page is a hub full of information and tools. You’ll find a selection of articles, guides & training videos to help you.

View all news & resources
- Circulars
- Events
  
  Events
  
  Browse a list of UK P&I Club events and stay up to date with the latest changes and developments in the shipping industry.
- Financials
- News
  
  News
  
  Browse a list of UK P&I Club news and stay up to date with the latest changes and developments in the shipping industry.
- Press Releases
- Rules
  
  Rules
  
  Browse a list of UK P&I Club Rule and regulations and stay up to date with the latest changes and developments in the shipping industry.
- Safety Advice & Training
  
  Safety Advice & Training
  
  Browse Safety Advice and Training Resources to stay up to date with the latest advice
- Sanctions
  Sanctions
  
  View the latest UK P&I Club sanctions and stay up to date with the latest changes and developments in each country.
  - Russia
  - Ukraine
  - Iran
  - Venezuela
  - Cuba
  - North Korea
    
    North Korea
    
    Find out about sanctions in North Korea
  - Syria
  - Belarus
  - Myanmar
About
About

Tailored guidance and robust solutions to navigate through even the most turbulent waters.

More about us
- Governance
  
  Governance
  
  The UK P&I Club was established in 1869 when the association of ship owners was formed. We are committed to maintaining rigorous governance standards to ensure the continuous delivery of our products and services to members. We are a mutual marine insurance business governed by a Members’ Committee which represents the interests of our membership, and a regulated Board of Directors.
- Financials
  
  Financials
  
  UK P&I Club is financially secure, meeting all regulatory requirements with top AAA S&P rating
- Sustainability
  
  Sustainability
  
  Empowering our members’ journey towards sustainability with dedicated support and safety-centric insurance solutions in line with UN SDGs
- P&I and the International Group
  
  P&I and the International Group
  
  Discover P&I insurance with the International Group: 12 clubs united to offer marine liability cover and expert resolution of maritime incidents.
- Claims
  
  Claims
  
  Trusted global claims experts for complex marine casualties.
- Industry Stakeholders
Contacts
Contacts

Quickly find the right contact for assistance. Our People Finder offers direct access to the expertise you need, when you need it.

Find people
- Correspondents
- People Finder
- Emergency Contacts
  Emergency Contacts
  
  Emergency numbers here for immediate assistance.
  - P&I Emergency Contacts
  - Fixed P&I Emergency Contact
- Locations
  
  Locations
  
  Explore our worldwide office network. Offering local expertise and support across continents, ensuring global reach.
- General Enquiries
  
  General Enquiries
  
  Get answers to your questions! Contact us for assistance, support, or information. Quick and reliable responses for all inquiries.

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Mutual P&I

Charterers and Traders P&I

Offshore P&I

Additional P&I Covers

Fixed P&I

Fleet Quality

Loss Prevention

Crew Wellbeing

Mental wellbeing

Events

News

Rules

Safety Advice & Training

Sanctions

North Korea

Governance

Financials

Sustainability

P&I and the International Group

Claims

Emergency Contacts

Locations

General Enquiries

2023 Directors' Report and Financial Statements