The Directors of the North P&I Club have decided, for the third year in succession, not to declare a premium increase for both protection and indemnity (P&I) cover and freight demurrage and defence (FD&D) cover at the February 2019 renewal, reflecting the Club’s continuing commitment to help its Members deal with challenging trading conditions.

September marked completion of an operationally profitable second quarter of the year for American Hellenic Hull. At a 9th October meeting in Cyprus, AHHIC’s Board of Directors was extensively briefed on the robust state of the company.

North P&I Club has further strengthened its underwriting team to meet the evolving needs of its global membership, with the appointment of a new UK based underwriter combined with some operational changes to a number of senior underwriting roles.

Britannia has finalised its Greek office opening plans by announcing the team that has recently taken up residence in Piraeus, Greece.

Richard Turner, European Director of Global Risk Solutions at RSA Insurance Group has been elected President of the International Union of Marine Insurance (IUMI).

The move to the new office in Piraeus is fully in line with the Club’s long-term growth strategy, which is being promoted not only on a global but also on a national level.