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 age||Percentage allocation|
|0 to 4 years||23.7%|
|5 to 9 years||36.9%|
|10 to 14 years||27.4%|
|15 to 19 years||6.7%|
|20 years or more||5.3%|
Meanwhile, the Club announced a number of personnel moves:
Changes in personnel at Japan Club effective April 1st 2019
|Yuichi Tanaka||General Manager, Underwriting Administration Department||General Manager, Underwriting Administration Department, Team Leader, Underwriting Administration Team of the Department|
|Shinjiro Okabayashi||Team Leader, Underwriting Administration Team of Underwriting Administration Department||Team Leader, Underwriting Team of Kobe Branch|
|William Turner||Senior Legal Adviser of Singapore Branch||FD&D/Legal Team Leader, FD&D/Legal Team of Claims Department II|
|Keiichiro Matsubara||Team Leader, Underwriting Team of Kobe Branch||Underwriting Team of Kobe Branch|
|Kazunori Aoyama||FD&D/Legal Team Leader, Quality Control Team and FD&D/Legal Team of Claims Department II||Team Leader, Quality Control Team of Claims Department II|
|Noriyuki Take||Senior Analyst, Tokyo Underwriting Department||General Manager, Tokyo Underwriting Department|
|Naoki Hashimoto||Team Leader, Claims Team of Singapore Branch||Singapore Branch|
|Kenji Noda||Team Leader, IT Planning Team of Information Systems Department||Team Leader, System Development Maintenance Team of Information Systems Department|
|Kayo Saito||Team Leader, IT Planning Team of Information Systems Department||Team Leader, Infrastructure Planning Operation Team of Information Systems Department|
|Yoji Tanaka||Chief Executive, Singapore Branch, Team Leader, Underwriting Team of the Branch||Chief Executive, Singapore Branch|