Special Report - P&I Clubs
Displayed below are a set of articles which belong to this Special Report.
Sector sounds alarm over crewing cuts
INEXPERIENCED crews continue to be a cause of concern for P&I clubs and the financial crisis is only likely to exacerbate the situation, leading members of the market have warned.
Prospects improve but challenges on the horizon
THE protection and indemnity market is set to face another year of challenges, although the landscape for many is thankfully much improved compared with the situation they found themselves in 12 months ago.
International Group still under the eye of Brussels
THE European Commission continues actively to monitor the role of the 13 International Group clubs that operate in the global protection and indemnity market to ensure they do not breach competition law.
Lay-ups put pressure on premium volume growth
THE number of vessels entering cold lay-up could result in falling premium volumes for many of the clubs in the protection and indemnity market.
Mutuals face wave of FD&D claims in wake of credit crisis
HIGH levels of litigation owing to the impact of the financial crisis continue to bring more freight, demurrage and defence claims to many of the P&I clubs.
SSL chief tells clubs to end confusion over piracy cover
PROTECTION and indemnity clubs must take on more of a vocal role in limiting the threat of piracy off the coast of Somalia, a leading insurance broker has urged.
Recession leads to drop in attritional claims
THE number of attritional claims made to P&I clubs in the International Group is showing signs of decreasing in line with the impact of the financial crisis.
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