X-Press Pearl loss takes toll on Swedish Club
Gothenburg-based marine mutual’s interim report confirms total loss of feedership X-Press Pearl after fire off Sri Lanka and ongoing high incidence of pool claims will see a hit
‘Underwriting outcome has been in excess of mean model expectation. Volatility has been experienced in both P&I and marine concurrently, resulting in a combined ratio of 132%,’ says International Group affiliate
If content does not display, please refresh your browser.