United Kingdom
P&I Portal

West

S&P Rating: A- (Negative)

Combined Net Ratio 140% Investment Return 4.6% Entered Tonnage 106m GT
Underwriting Result -USD 80m Overall Result -USD 47m Free Reserves USD 291m
Vessel Type Tonnage Trading Area
Financials (USD) 2020 (m) 2021 (m)
Gross Premium 222   243  
Reinsurance Premium (40)   (41)  
Net Premium   182   202
Claims (157)   (240)  
Operating Expenses (38)   (43)  
Total Expenditure   (195)   (282)
Underwriting Result   (13)   (80)
Investments 46   35  
Tax (1)   (2)  
Overall Result   31   47
         
CNR   107%   140%
US$ 2015 2016 2017 2018 2019 2020 2021
Free Reserves ('000) 244 277 307 308 306 338 291
Entered Tonnage (m) 68.3 73.4 83.6 90.5 93.9 101.5 106
Gross Tonnage