United Kingdom
P&I Portal

Japan Club

Japan Shipowners' Mutual P&I Association
2-15-14 Nihonbashi-Ningyocho, Chuoh-ku, Tokyo 103-0013, Japan
piclub.or.jp t +81 33 662 7401

Entered GT by vessel type

Entered GT by vessel type
Number of ships (owned entries only)
2017 2016 2015
2,316 2,325 2,372
Total owned entered GT
2017 2016 2015
88,232,897 89,566,019 90,547,803
Total chartered GT
2017 2016 2015
12,173,444 14,452,730 11,790,009

Entered GT by region

Entered GT by region

Income Statement (year ending - 20th February) USD 000s

  2017 2016
Income Calls and premiums 221,126 226,280
Excess Calls 0 0
Reinsurance Premiums -49,132 -59,229
Total Income 171,994 167,051
Expenditure Net claims incurred -122,604 -125,416
Net operating expenses -25,231 -26,477
Total expenditure -147,835 -151,893
Underwriting result pre investment/other financial income and tax 24,159 15,158
Investment/other financial income 4,714 -11,782
Tax/interest charged -6,713 391
Overall result 22,160 3,767
Free reserves 208,423 187,130

Breakdown of investment by type

Breakdown of investment by type
S&P Rating Current Rating 2016
Rating BBB+ BBB+
Outlook Stable Stable
Type of rating Interactive Interactive
Policy Year 2010 2011 2012 2013 2014 2015 2016 2017 2018
General Increase % 12.5 10 3 5 7.5 3 3 0 0
Supplementary Call Record % 40/50 40/40 40/40 40/40 40/20 40/30 40/30 40/40 40/40

Release Call Percentage

2014 2015 2016 2017 2018
5% 25% 25% 25% 45%