Private equity takeover was factor in Standard’s go-it-alone move
‘Some of the reputation private equity has is unattractive, and that obviously made the board reflect on whether this was the right future for them and the club management,’ says Standard chief executive
Broker predictions of a 50% sector-wide hike in P&I rates between now and 2024 is probably overstated, marine mutual head believes, but big increases will be necessary to address rates erosion