United Kingdom
P&I Portal

North of England

North of England P&I Association Limited
The Quayside, Newcastle Upon Tyne, NE1 3DU, UK
nepia.com t +44 (0)191 232 5221

Entered GT by vessel type

Entered GT by vessel type
Number of ships (owned entries only)
2017 2016 2015
3,400 3,400 3,500
Total owned entered GT
2017 2016 2015
140,000,000 130,537,722 126,141,253
Total chartered GT
2017 2016 2015
50,000,000 54,000,000 40,000,000

Entered GT by region

Entered GT by region

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

  2017 2016
Income Calls and premiums 429,500 489,800
Excess Calls 0 0
Reinsurance Premiums -98,400 -128,800
Total Income 331,100 361,000
Expenditure Net claims incurred -246,000 -196,000
Net operating expenses -74,100 -77,600
Total expenditure -320,100 -273,600
Underwriting result pre investment/other financial income and tax 11,000 87,400
Investment/other financial income 23,200 -14,600
Movement in pension scheme deficit -30,200 18,200
Tax/interest charged -1,600 -700
Overall result 2,400 90,300
Free reserves 430,800 428,400

Breakdown of investment by type

Breakdown of investment by type
S&P Rating Current Rating 2016
Rating A A
Outlook Stable Stable
Type of rating Interactive Interactive
Policy Year 2010 2011 2012 2013 2014 2015 2016 2017 2018
General Increase % 5 3 5 15 7.5 4.75 2.5 0 0
Supplementary Call Record % 0/0 0/0 0/0 0/0 0/0 0/0 0/-5 0/0 0/0

Release Call Percentage

2014 2015 2016 2017 2018
- 0 5% 15% 15%