Japan Club 2019 policy year renewals, personnel moves

Entered volume for ocean-going vessels at Japan Club as of February 20th was 1.8m gt higher than as of February 20th 2018. Entered volume of Japanese Coastal vessels increased by 100,000 gt.

Japan Club’s executive director Tsutomu Kawakami Executive Director noted that the Board had decided not to ask for any general increase on P&I premiums for ocean-going vessels for the 2019 Policy Year, mainly because the claims trend¬† for the 2018 Policy Year had been moderate. This followed a similar zero per cent increase the previous year.

Premiums for Japanese Coastal vessels insurance had remained unchanged for the past eight years.

Kawakami said that policy Year 2019 saw the Club start with 2,308 vessels / 92.9m gt of Ocean-going vessels and 1,910 vessels / 2.6m gt of Japanese Coastal vessels.

Entered tonnage by agePercentage allocation
0 to 4 years23.7%
5 to 9 years36.9%
10 to 14 years27.4%
15 to 19 years6.7%
20 years or more5.3%

Meanwhile, the Club announced a number of personnel moves:

Changes in personnel at Japan Club effective April 1st 2019

NameNewFormer
Yuichi TanakaGeneral Manager, Underwriting Administration DepartmentGeneral Manager, Underwriting Administration Department, Team Leader, Underwriting Administration Team of the Department
Shinjiro OkabayashiTeam Leader, Underwriting Administration Team of Underwriting Administration DepartmentTeam Leader, Underwriting Team of Kobe Branch
William TurnerSenior Legal Adviser of Singapore BranchFD&D/Legal Team Leader, FD&D/Legal Team of Claims Department II
Keiichiro MatsubaraTeam Leader, Underwriting Team of Kobe BranchUnderwriting Team of Kobe Branch
Kazunori AoyamaFD&D/Legal Team Leader, Quality Control Team and FD&D/Legal Team of Claims Department IITeam Leader, Quality Control Team of Claims Department II
Noriyuki TakeSenior Analyst, Tokyo Underwriting DepartmentGeneral Manager, Tokyo Underwriting Department
Naoki HashimotoTeam Leader, Claims Team of Singapore BranchSingapore Branch
Kenji NodaTeam Leader, IT Planning Team of Information Systems DepartmentTeam Leader, System Development Maintenance Team of Information Systems Department
Kayo SaitoTeam Leader, IT Planning Team of Information Systems DepartmentTeam Leader, Infrastructure Planning Operation Team of Information Systems Department
Yoji TanakaChief Executive, Singapore Branch, Team Leader, Underwriting Team of the BranchChief Executive, Singapore Branch

https://www.piclub.or.jp/attachment/insurance_guidebooks/newsletter/Japan_P&I_Newsletter_No.49.pdf