The club has set the industry standard in the small ship’s sector for decades. They have maintained this lofty position despite vibrant competition.
The financial standing of the club has led Standard and Poor’s to upgrade them from -A to A.
Their portfolio is heavily geared to non-cargo vessels and as such they do not see the number of claims that can often cause attrition.
They are also able to offer all the required extensions to cover, which are an essential part of the offshore industry.
Free Reserves against premium income are at 132.97%.