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
Managers: Self-Managed
Entered GT by vessel type
| 2019 |
2018 |
2017 |
| 3,800 |
3,700 |
3,400 |
| 2019 |
2018 |
2017 |
| 147,000,000 |
142,000,000 |
140,000,000 |
| 2019 |
2018 |
2017 |
| 60,000,000 |
53,000,000 |
50,000,000 |
Entered GT by region
Income Statement (year ending - 20th February) USD 000s
| |
2019 |
2018 |
| Income |
Calls and premiums |
345,019 |
387,599 |
| Excess Calls |
0 |
0 |
| Reinsurance Premiums |
-61,701 |
-81,326 |
| Total Income |
283,318 |
306,273 |
| Expenditure |
Net claims incurred |
-227,138 |
-243,994 |
| Net operating expenses |
-69,280 |
-70,279 |
| Total expenditure |
-296,418 |
-314,273 |
| Underwriting result pre investment/other financial income and tax |
13,100 |
-8,000 |
| Investment/other financial income |
26,103 |
28,738 |
| Tax/interest charged |
-469 |
-926 |
| Overall result |
12,534 |
19,812 |
| Free reserves |
463,037 |
450,503 |
Breakdown of investment by type
| S&P Rating |
Current Rating |
2018 |
| Rating |
A |
A |
| Outlook |
Stable |
Stable |
| Type of rating |
Interactive |
Interactive |
| Policy Year |
2010 |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
| General Increase % |
5 |
3 |
5 |
15 |
7.5 |
4.75 |
2.5 |
0 |
0 |
0 |
| Supplementary Call Record % |
0/0 |
0/0 |
0/0 |
0/0 |
0/0 |
0/0 |
0/0 |
0/0 |
0/0 |
0/0 |
Release Call Percentage - as at 20 February 2019
| 2016 |
2017 |
2018 |
2019 |
| 0% |
0% |
5% |
15% |