Skuld grows mutual P&I GT by 6% during renewal despite ‘turbulent times’
February 26 2025 by Andrew Mullen
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West P&I, London P&I record strong renewal growth amid market challenges
- February 25
West P&I achieves mutual tonnage increase to 110 million gross tonnes (GT), while London P&I records 12% rise to 49.3 million GT.
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P&I clubs report tonnage growth during renewals despite industry turbulence
- February 21
Gard, UK P&I and NorthStandard announced successful completion of the 2025 renewal after marine insurers worldwide saw a rise in the number of large claims.
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Underwriting performance of P&I clubs likely to fall in FY25: AM Best
- February 20
P&I clubs are likely to seek further price improvements in the February 2025 renewal, making it the sixth consecutive year of general increases.
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P&I renewals ‘softer than anticipated’ despite claims, geopolitical pressures
- February 19
Clubs are seeing moderate rate increases while terms and conditions remain stable, but expect strong growth driven by Asia.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
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Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
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HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
