The complete financial statements of the UK Club are being mailed to Members and brokers on Monday 30th July.
As reported in the Review of the Year 2012 a second year of balanced underwriting has contributed to increased free reserves that now stand at $486 million.
This Directors Report & Financial Statements can be downloaded from the "
" section of the website as a pdf. The review includes detailed reports on key topics such as underwriting, claims, reinsurance, Solvency 2 and investments.
" sub-section of our website provides profiles of the key areas of the Club's finances and operations drawn from the Report & Accounts. Downloadable versions of the Chairman's statement "Good result in difficult times" and the "Review of the Year 2012" can be found there and in the Publications section.
The Thomas Miller Hong Kong office held an “Insight” course on P&I and Defence cover on 29th & 30th September 2016 as a direct response to requests for member training. Delegates included members and brokers from Hong Kong, the Philippines and Korea and also a guest from Zambia, Daniella Smal, who is this year’s Young International Freight Forwarder of the Year, an award sponsored by the TT Club.
The following tables are an excerpt from the full Directors' Report & Financial Statements for the year ended 20th February 2016, with a detailed reconciliation of surplus.
