United Kingdom
P&I Portal

Britannia

S&P Rating: A (Stable)

Combined Net Ratio 120% Investment Return 7.2% Entered Tonnage 179m GT
Underwriting Result -USD 32m Overall Result USD 36m Free Reserves USD 627
Vessel Type Tonnage Trading Area
Financials (USD) 2020 (m) 2021 (m)
Gross Premium 201   200  
Reinsurance Premium (33)   (39)  
Net Premium   168   161
Claims (190)   (161)  
Operating Expenses (32)   (33)  
Total Expenditure   (222)   (193)
Underwriting Result   (54)   (32)
Investments 87   76  
Tax (2)   (2)  
Overall Result   32   37
         
CNR   132%   120%
US$ 2015 2016 2017 2018 2019 2020 2021
Free Reserves (m) 546 513 601 642 588 594 627
Entered Tonnage (m) 136 141 116 127 131 163 179
Gross Tonnage