The UK P&I Club ("The Club") today announces its renewal for 2023 following the closure of the renewal season on 20 February
The UK P&I Club, one of the leading providers of P&I insurance and other services to the international shipping community, has announced that Amy Lovseth will assume the role of Syndicate Manager in its Hong Kong office following Sean Geraghty's move to the Greece office earlier this autumn.
The International Group is aware of an announcement by the maritime authorities in Turkey concerning proposed changes in requirements for laden oil tankers to evidence P&I cover while in Turkish waters.
Recently, and in particular during the summer period, the Club has noticed a spike in stowaway cases, hence the below article serves as a refresher on what is already known as well as an update on the practical problems and implications for Owners that may arise in connection with the disembarkation and repatriation of stowaways.
Circular 10/22: Electronic (Paperless) Trading - Update to TradeLens Terms and Conditions
07/10/2022
This circular informs Members of the amendments to the TradeLens Rulebook and Service Description.
The UK P&I Club, one of the leading providers of P&I insurance and other services to the international shipping community, has announced Seán Geraghty will become the new Regional Director in its Greek office in November, while Daniel Evans will move from Greece to London to focus on the continued development of the UK Defence Club.
The UK P&I Club, one of the leading providers of P&I insurance and other services to the international shipping community, announces William Beveridge will officially begin his role as Chief Underwriting Officer on 17 September.
Press Release: UK P&I Club announces William Beveridge as its new Chief Underwriting Officer
30/05/2022
The UK P&I Club, one of the leading providers of P&I insurance to the shipping community, has appointed William Beveridge as its new Chief Underwriting Officer.
Circular 04/22: Review of Open Policy Years
27/05/2022
At their meeting in May 2022, the Directors closed the 2019 policy year. The deficit was transferred to the reserves.
Review of the Year 2022
27/05/2022
The Club’s financial position remains strong with free reserves of $488 million as at 20 February 2022. The Club continues to comfortably meet all its regulatory capital requirements and remains in the highest AAA band of Standard & Poor’s capital model.
The Club’s financial position remains strong with free reserves of $488 million as at 20 February 2022. The Club continues to comfortably meet all its regulatory capital requirements and remains in the highest AAA band of Standard & Poor’s capital model.
At their meeting on 7th February 2022, the Directors reviewed the basis on which special war risks P&I cover could be made available to Members in accordance with the proviso to Rule 5E.
The Club completed a very successful renewal, benefitting from the ongoing support of its Members.
The Covid-19 pandemic continues to dominate the headlines around the world
May we wish all our Members and friends a Merry Christmas and a happy and prosperous 2022.
The International Group Pooling and GXL Reinsurance contract structure for 2022 has now been finalised.
This document is the second Solvency and Financial Condition Report (“SFCR”) of UK P&I Club N.V.
Crew Health Advice: Hernias
08/07/2021
A hernia occurs when an internal part of the body pushes through a weakness in the muscle or surrounding tissue wall.
Press Release: UK P&I Club creates new regional roles to strengthen global claims handling
05/07/2021
The UK P&I Club, one of the leading providers of P&I insurance and other services to the international shipping community, has created a new role of Regional Claims Director in each of its main service hubs, enhancing global claim capability for Members
The UK Club Directors' Report & Financial Statements is now available to download.