North P&I Club completes integration of the Sunderland Marine Insurance Company Limited business into parent company The North of England Protecting and Indemnity Association Limited.   

Two major casualties put a dent in North P&I Club’s underwriting figures for policy year ending 20 February 2020, but the period also saw the launch of new products as part of its continuing diversification, Member retention maintained at 99% and more tonnage insured than ever before.

The new offering from North is designed for larger ocean-going vessels and will complement the H&M insurance already available from Sunderland Marine for fishing vessels and other small craft.

On 1 January 2020, Britannia P&I’s Exclusive Correspondent in Denmark (B Denmark P&I), will become a full branch office and be renamed TR(B) Denmark.

The Britannia Steam Ship Insurance Association Limited (Britannia P&I) and The Korea Shipowners’ Mutual Protection and Indemnity Association (KP&I) established a new collaboration agreement, Korea-Britannia P&I Collaboration ‘KBC’.

The Board of The Swedish Club has announced a 5% General Increase, for P&I in 2020, reflecting the balanced approach adopted by the Club to meet the needs of its members and the need of the Club to keep premiums abreast with claims.