North P&I Club has reported continuing growth in its diversified business lines and solid progress in raising premiums to reflect market conditions and is expecting to see a small tonnage reduction after a planned de-risking exercise.

SSL Endeavour in Greece & Cyprus has now officially rebranded to OneGlobal Insurance Broking Ltd in full alignment with the Group’s businesses globally.

North P&I Club has elected James Alexander Tyrrell as its new chair of the board, succeeding Pratap Shirke, in a seamless change at the helm of the global marine insurer that also sees Ioanna Procopiou become the Club’s first female vice-chair.

In a move designed to improve the balance between claims and premiums, The Swedish Club has announced a 5% General Increase (P&I).

A rapid escalation in pool claims and unsustainable premium rates have led North P&I Club to declare its intention to seek a 10% General Increase in P&I rates for the 2021/22 policy year.

The close collaboration between ABS and the American P&I Club continues to deliver new loss prevention initiatives for the industry.