AM Best has predicted a challenging two years for protection and indemnity (P&I) clubs, as they struggle to produce the breakeven underwriting results required to maintain high levels of free reserves ahead of renewals on 20 February.
AM Best has predicted a challenging two years for protection and indemnity (P&I) clubs, as they struggle to produce the breakeven underwriting results required to maintain high levels of free reserves ahead of renewals on 20 February.