Company: NorthStandard P&I Club Page 1 / 1
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- November 22 2024
Swedish Club announces 5% general increase for 2025
The hike would apply to P&I and freight, demurrage and defence policies.
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- November 19 2024
NorthStandard to implement 5% premium increase for 2025-26 renewal
The hike would apply to all P&I members, although each renewal would be agreed individually based on a review of claims and risk exposure.
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- July 30 2024
Claims from Singapore oil spill set to exceed British Marine’s limit of liability
The International Oil Pollution Compensation Funds and the QBE-owned insurer have opened a claims submission office to facilitate compensation for those affected by the incident, according to a joint statement.
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- January 22 2024
NorthStandard to open Korea office as it expands APAC presence
The Seoul office will be operational from late spring 2024 and will initially be staffed by Shang Doe Shim, a claims director currently based in the club’s Singapore office.
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- January 15 2024
NorthStandard expands Japan P&I collaboration with Tokio Marine
The partnership will see the P&I club handle claims and underwriting matters, while the Japanese carrier will bring its sales network to reach new customers.
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- November 30 2023
NorthStandard launches ‘first-of-its-kind’ adverse weather marine cover
The strike & delay policy offers up to eight days of protection to shipowners and charterers against risks of a ship being delayed in or outside a port due to bad weather.
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- November 21 2023
NorthStandard to increase its P&I and FD&D premiums in 2024-25
The club will apply 5% general increase to its premiums from February 2024 for the 2024-25 policy year to represent "a responsible approach to underwriting at a time of persistent shipping market uncertainties".
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- October 3 2023
P&I: “With port infrastructure under strain, there can also be disconnects between international operators and local authorities, especially when incidents or accidents occur.”
Claims from collisions, sinkings and groundings grow more frequent amid complex conditions, with more ships set to travel on the river due to the Russia/Ukraine conflict.
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- September 6 2023
NorthStandard appoints Jack Marriott-Smalley as head of South-East Asia Pacific
Singapore-based Marriott-Smalley was regional underwriting director for the company since 2021.
