UK P&I Club disappointed with revised S&P rating

24 November 2021

Andrew Taylor, CEO of Thomas Miller P&I – which manages the UK P&I Club – said he was “naturally disappointed” S&P Global had recently revised the Club’s rating from A (Negative) to A-(Stable).

“We are naturally disappointed S&P has taken this step to revise our rating at this time,” he said.

“The estimated cost of pool claims is the largest in history.

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