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P&I
Japan P&I Club sees tonnage decline at 2025 policy year renewals
March 26 2025
The Club implemented a 7% general increase for ocean-going vessels at the renewals.
Japan P&I Club announces personnel changes in underwriting, branch management teams
March 10 2025
The Japan P&I Club's leadership changes takes effect on April 1 and July 1
P&I clubs hike premiums for sixth straight year amid surging claims
February 24 2025
Despite record-high free reserves, The majority of International Group P&I clubs increased rates between 4% to 7.5% in the Feb renewals.
Gard expands Japan offering
January 24 2025
"Significant expansion" sees marine insurer add H&M, war risk, builders' risk, and offshore wind solutions.
NorthStandard launches 'one-stop-shop' insurance for smaller commercial vessels
January 24 2025
H&M and P&I product is aimed at smaller commercial vessels up to 10,000 gross tonnes.
Japan P&I Club implements 7% premium hike for 2025
December 10 2024
Club says it adjusted rates amid rising claims, reinsurance costs, and global risks.
Richard Offord named Chief Executive of UK P&I Club's Singapore branch
November 29 2024
Offord transitions from London to lead the Singapore branch with Yiah Soon Ng (YS) retiring after 27 years.
P&I Clubs heading for 5% rate rises in 2025 - S&P
October 30 2024
Despite low level of claims in recent years, marine rates are are likely to rise again next year.
India considers seed funding for domestic P&I entity amid regulatory hurdles - report
October 12 2024
The proposed entity would initially offer insurance for coastal and river vessels, which are not covered by the international P&I framework.
West P&I Club names Cai Xuanlun as new Hong Kong CEO
September 27 2024
Cai will succeed Richard Macnamara, who is stepping down following a 28-year tenure.
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