United Kingdom
P&I Portal

Shipowners' Club

The Shipowners’ Mutual Protection and Indemnity Association St
Clare House, 30-33 Minories, London EC3N 1BP, UK
shipownersclub.com t +44 (0)20 7488 0911

Entered GT by vessel type

Entered GT by vessel type
Number of ships (owned entries only)
2017 2016 2015
32,749 32,225 32,008
Total owned entered GT
2017 2016 2015
25,441,370 25,037,013 23,579,295
Total chartered GT
2017 2016 2015
N/A N/A N/A

Entered GT by region

Entered GT by region

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

  2017 2016
Income Calls and premiums 228,580 209,881
Excess Calls 0 0
Reinsurance Premiums -27,527 -27,870
Total Income 201,053 182,011
Expenditure Net claims incurred -149,087 -136,060
Net operating expenses -49,164 -42,704
Total expenditure -198,251 -178,764
Underwriting result pre investment/other financial income and tax 2,802 3,247
Investment/other financial income 11,782 -22,412
Tax/interest charged 79 -1,730
Overall result 14,663 -20,895
Free reserves 293,741 279,078

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 0 0 5 5 0 0 0 0
Supplementary Call Record % 0/0 0/0 0/0 0/0 0/0 0/0 0/0 0/0 0/0

Release Call Percentage

2014 2015 2016 2017 2018
0% 0% 0% 0% 0%