VIDEO: NorthStandard P&I merger set to trigger
The merger of two major players in the marine mutual insurance market — North P&I and Standard Club — is set to come into effect on February 20, establishing NorthStandard as one
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West P&I appoints ESG manager
West P&I has appointed Gina Panayiotou as its environmental, social and governance (ESG) manager. In that role she will be responsible for reviewing the P&I club’s approach to sustainability, people and governance,
Major P&I merger set to go ahead
Get ready for a new name in P&I: NorthStandard. Two major players in the marine mutual insurance market — North P&I and Standard Club — are to go ahead with the merger
P&I club warns of sea mine threat in Black Sea
Adding to the growing threats to shipping following the Russian invasion of Ukraine, there are increasing reports of threats from sea mines. Initially, NATO warned of mine danger areas in the northwest
Leadership transition at American P&I Club
After 27 years in the role, Joe Hughes will stand down as CEO of American P&I Club managing company, Shipowners Claims Bureau Inc. (SCB), on August 1. Succeeding him as CEO will
Major P&I merger will create new marine insurer
Marine P&I (protection and indemnity) insurance mutuals have long been facing challenging market conditions that have led observers to predict that further consolidation in the industry was likely. Today, two well-known players—North
B Americas P&I adds to team
The Britannia P&I club reports that Marcela Pizzaro has joined the staff of its exclusive correspondent in the U.S., B Americas P&I. Led by director Mike Unger, B Americas is based in
Another major P&I club announces a rate increase for 2022
On Tuesday, the Swedish Club celebrated its 149th birthday. Today, the insurer announced a general Increase of 12.5% for 2022, saying that the move reflects the unique challenges currently faced by the
Why P&I rate increases are in the works
Shipowners are steeling themselves for steep increases in the cost of P&I (protection & indemnity) insurance. The latest leading P&I mutual to send a signal of what is ahead is the North
North P&I Club names Arklow Shipping’s James Tyrrell as chair
Global marine mutual insurer North P&I Club has elected James Alexander Tyrrell as the new chair of its board, succeeding Pratap Shirke, while Ioanna Procopiou has become the club’s first female vice-chair.