UK Club hints at rate rise after $32m loss
The UK P&I Club has pledged ‘future action on premium rates’ after becoming the third International Group affiliate to plunge into the red in the last week, unveiling a substantial full-year deficit
‘Premium rates are at historically low levels and the 114% combined ratio is above the club’s acceptable range,’ says statement from marine mutual
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792
Request a Demo Getting a demo tailored to your needs is the best way to see how our solutions will help you gain an advantage.
Register for our free email digests: