Unpredictable markets and continuing marine claims volatility means the international shipping industry is facing a particularly challenging time, says Pratap Shirke, chairman of North P&I club. His comments are published…
Directors of the 170 million GT, ‘A’ rated North P&I Club and Sunderland Marine Insurance Company (North Group), have confirmed growth in the free reserves in the year to 20…
The ‘A’ rated North P&I club has emerged ‘significantly stronger’ from the 2015 renewal today (20 February 2015), further consolidating its position as one of the most financially secure and…
Directors of the 180 million GT North P&I club have decided on an overall premium increase of 4.75% for mutual protection and indemnity (P&I) cover next year, with a minimum…
The 180 million GT, ‘A’ rated North P&I club has confirmed another ‘positive’ financial result in its annual Management Report published today (7 August 2014). It has also set out…
Leading ratings agency Standard and Poor’s (S&P) has reaffirmed North P&I club’s ‘A’ credit rating and stable outlook for a tenth consecutive year following its recent merger with Sunderland Marine.…
North of England P&I Association (North) and Sunderland Marine Mutual Insurance Company Limited (SMMI) merged to form the North Group on Friday 28 February 2014 following approval by the Bank…