Standard Club ups renewal tonnage and forecasts 105% combined ratio
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Standard Club ups renewal tonnage and forecasts 105% combined ratio

Standard Club.jpg

The Standard Club increased its gross tonnage by 11 million to 158 million gross tonnes at the recent 20 February renewals, with product launches in Asia helping to fuel growth.

Despite a heavy year for pool claims in 2021-22, the P&I club said it forecast an improved combined ratio of 105% thanks to underwriting action taken at previous renewals.

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