The shipowner protection and indemnity (P&I) clubs have negotiated their 2011 policy renewals, with overall general rate increases remaining flat while reductions in excess of loss reinsurance costs have been passed on to members.
The shipowner protection and indemnity (P&I) clubs have negotiated their 2011 policy renewals, with overall general rate increases remaining flat while reductions in excess of loss reinsurance costs have been passed on to members.