Gallagher 2020 P&I Clubs pre-renewal report – Aggregate Policy Year Results

Broker Gallagher has published the aggregate policy year results for the P&I Clubs for the past three full policy years.

1. Call Income In $‘000s at 12 months at 24 months at 36 months
2019-20 2,813,170
2018-19 2,892,457 2,975,363
2017-18 2,954,977 3,045,949 3,071,339
2016-17 (closed) 3,170,039 3,269,925 3,271,273
2015-16 (closed) 3,417,108 3,515,199 3,515,038
2. Claims Incurred In $‘000s at 12 months at 24 months at 36 months
2019-20 2,436,608
2018-19 2,408,169 2,458,325
2017-18 2,317,718 2,278,170 2,273,732
2016-17 (closed) 2,193,114 2,113,413 2,057,495
2015-16 (closed) 2,431,861 2,371,766 2,369,855
3. Underwriting Result In $‘000s at 12 months at 24 months at 36 months
2019-20 (670,736)
2018-19 (646,105) (627,274)
2017-18 (431,263) (297,574) (270,480)
2016-17 (closed) (176,112) 6,115 68,707)
2015-16 (closed) (192,078) (45,864) (48,416)
4. Overall Result $‘000s inc Inv Alloc at 12 months at 24 months at 36 months
2019-20 (352,838)
2018-19 (498,727) (455,856)
2017-18 (172,439) (30,025) 33.591
2016-17 (40,936) 142,169 237,169
2015-16 (closed) (111,733) 12,267 70,281

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