Reinsurance News
UK P&I Club
UK P&I Club and TT Club target growth and stability with proposed merger
1st December 2025
The UK P&I Club, a provider of Protection & Indemnity insurance to the global shipping industry, and the TT Club, an insurance and risk management provider for the international transport and logistics industry, have announced that they are currently engaged in discussions regarding a potential merger. The Clubs have worked closely ... Read the full article
UK P&I Club promotes two senior leaders to strengthen Safety & Risk Management division
16th July 2025
The UK P&I Club, a provider of protection and indemnity (P&I) insurance and other services for the international shipping community, has promoted Ansuman Ghosh to the newly created role of Director of Engineering, and Akshat Arora as Regional Loss Prevention Director (Singapore). The two senior promotions within the firm’s Safety & ... Read the full article
UK P&I Club’s free reserves rise to $494m despite challenging policy year
29th May 2025
The UK P&I Club reported continued growth at the end of the 2024/2025 financial year, with a 6.6% investment return increasing the Club’s free reserves to $494 million, despite a challenging policy year for the sector. The rise in free reserves reinforces the Club’s position as one of the strongest members ... Read the full article
UK P&I Club announces leadership changes in Athens and London
5th March 2025
The UK P&I Club, a provider of protection and indemnity (P&I) insurance and other services for the international shipping community, has announced leadership changes in its Athens and London offices. Sean Geraghty will return to the London office in April, taking on the role of Claims Operations Director after serving as ... Read the full article
UK P&I Club ‘pleased’ with outcome of 2025 renewal despite Baltimore bridge losses
24th February 2025
The UK P&I Club has successfully completed the 2025 P&I renewal, gaining new business in 2024, which is expected to slightly increase its market share for the upcoming policy year, despite challenges such as the significant "Dali" incident. The Club is focused on enhancing the quality of its membership to better ... Read the full article
UK P&I Club appoints Richard Offord as Chief Executive of Singapore Branch
28th November 2024
The UK P&I Club, a provider of protection and indemnity insurance to the global shipping industry, has announced the appointment of Richard Offord as Chief Executive of its Singapore Branch, effective 1 December 2024. Offord succeeds Yiah Soon Ng (YS), who is retiring after more than 27 years of leadership at ... Read the full article
UK P&I Club appoints Kyle Lochridge as SVP, Americas
1st October 2024
The UK P&I Club, a provider of protection and indemnity (P&I) insurance and other services for the international shipping community, has announced the appointment of Kyle Lochridge as Senior Vice President (SVP) for the Americas. Lochridge will report to Leanne O’Loughlin, Regional Director, Americas, and William Beveridge, Chief Underwriting Officer. In his ... Read the full article
UK P&I Club surpasses $500 million milestone in gross written premium
31st May 2023
The UK P&I Club, a provider of protection and indemnity (P&I) insurance and other services to the international shipping community, reported surpassing the milestone of $500 million in gross written premium for the first time, driven by the expansion of its fixed premium P&I business. This growth was accompanied by an ... Read the full article
UK P&I Club creates new regional roles for claims handling
7th July 2021
The UK P&I Club, a provider of protection and indemnity (P&I) insurance and other services to the international shipping community, has created a new role of Regional Claims Director in each of its main service hubs, to enhance global claims capability for members. Following the retirement of Global Technical Claims Director ... Read the full article
UK P&I Club reports continued support from members at renewals
26th February 2021
The UK P&I Club, a provider of protection and indemnity (P&I) insurance and other services to the international shipping community, has announced its renewal results for 2021. Despite the challenges of a remote renewal, 98% of its members have renewed for a further year. The Club achieved its key target of improving ... Read the full article
R&Q to assume occupational disease liabilities from UK P&I Club
13th March 2020
An agreement has been reached between Randall & Quilter Investment Holdings Ltd. (R&Q) and UK P&I Club, under which the former is set to assume the latter's occupational disease liabilities, subject to approval by the High Court in London. UK P&I Club is to transfer its occupational disease liabilities, which total ... Read the full article
UK P&I Club adds Tom Starr as Senior Claims Executive
8th January 2020
The UK P&I Club, a provider of protection and indemnity (P&I) insurance and other services to the international shipping community, has appointed Tom Starr as a Senior Claims Executive. Starr joins the UK Club from Reed Smith, where he worked as a solicitor and Master Mariner. At Reed Smith, he practised in ... Read the full article
UK P&I Club’s Rotterdam subsidiary receives licence ahead of Brexit
27th March 2019
The UK P&I Club has received approval from the Netherland's financial regulator for a licence for its Rotterdam domiciled subsidiary, UK P&I Club N.V. (UKNV), ensuring continuity for its clients post-Brexit. Combined with other Thomas Miller managed Clubs for which UKNV is fronting, the new Rotterdam-based unit provides UK P&I Club, ... Read the full article
UK P&I Club elects Nicholas Inglessis as Chairman
31st October 2018
Directors of the UK P&I Club, a provider of protection and indemnity (P&I) insurance and other services to the international shipping community, have elected Nicholas Inglessis as their new Chairman. He succeeds outgoing Chairman Alan Olivier, who has held the position since 2013. Inglessis has been a Director of the UK Club ... Read the full article
UK P&I Club the latest to announce post-Brexit subsidiary plans
24th November 2017
Provider of P&I insurance and related services to the global shipping industry, UK P&I Club, has announced plans to establish a subsidiary in the Netherlands amidst continued uncertainty surrounding the UK's vote to leave the European Union (EU). The announcement comes shortly after North P&I Club and Sunderland Marine announced ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
