London P&I Club maintains financial strength despite impact of large claims

Ian Gooch, chief executive of The London P&I Club’s management team

Marine liability insurer The London P&I Club’s 2015 Annual Report highlighted an unusual run of expensive claims in the 2014/15 policy year, with progress in other areas meaning that the free reserves stand at a healthy $157.4m.

This is premium content

Already a member? SIGN IN now

V2-MJ

Sign up for FREE to continue this article…

It only takes a minute to sign up for a free account, and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the commercial marine sector
  • Access to the Maritime Journal Industry Database
  • Monthly Maritime Journal Magazine (Restricted digital edition)
  • Website access (3 standard news articles per month)

Get access and more free content sign up today

Does your organisation require more access? Upgrade to a subscription and enjoy unlimited news and additional features.