Company Results : Marine Insurance
Reporting and analysis on the financial performance of the companies operating in marine insurance sector – insurers, P&I clubs and brokers
- Tysers 2021-2022 P&I Club Summary #2: Britannia October 4, 2022Tysers review covers Britannia and its dedicated reinsurer Boudicca on a combined basis as this provides a proper comparison with the rest of the International Group .....
- Britannia P&I confirms results October 3, 2022Britannia has released its official statements confirming previously stated results for the 2021-22 policy year. While recording an overall deficit after tax of $14.0m, Britannia noted a ....
- Tysers 2021-2022 P&I Club Summary #1: American Club October 3, 2022In its annual summary of the performance of the Group P&I Clubs in toto and individually, broker Tysers said that American Club had continued its recent policy of including EBUB .....
- Tyser P&I Clubs update 2021-22 September 30, 2022P&I GENERAL/TARGET INCREASES 2014 to 2022 In 2022 several clubs did not declare an official general increase, stating instead their overall premium increase requirement .....
- Tysers Annual Report 2021 September 28, 2022P&I MARKET SHARE These comparisons show the relative size of the P&I Clubs by owned gross tonnage, financial year income and free reserves as at 20th February 2022.
- Shipowners’ Club reports “modest underwriting surplus” for H1 September 23, 2022Shipowners' Club has reported a combined ratio of 96.2% for the first half of 2022, “in line with budget”. An underwriting gain of a $4.3m was the result of an 8% growth in earned .....
- IUMI 2022 – Positive trends, but 2022 signals look tougher September 21, 2022Last year saw a continuation of the positive marine insurance trends detected in the previous couple of years, but war, inflation, energy costs & natural disasters all indicated that 2022 .....
- Tysers P&I Clubs 2021/22 round-up – prospects for 2023 September 20, 2022In its round-up of the P&I Clubs and the sector’s performance last policy year, broker Tysers said that the 13 Group Clubs had “a considerable way to go to achieve the general target of ....
- Skuld reports positive result and “significant” year-on-year improvement for H1 September 19, 2022Norwegian marine insurer Skuld has reported a gain of $18m for the first six months of its 2022/23 financial year ending 20 February 2023, a swing from the loss of $24.9m for the same period in .....
- Tysers P&I Club update – 2021/22 results September 15, 2022This year has generally seen a small improvement in the Clubs’ underwriting performances, but most Clubs’ technical losses remain unacceptably high. There was no investment income to help .....