North P&I and Standard Club merger to create marine powerhouse
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North P&I and Standard Club merger to create marine powerhouse

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North P&I and Standard Club have entered formal discussions for a merger that would create one of the largest mutual marine insurers in the world.

The combination of the two P&I clubs – both members of the International Group (IG) – will create a mutual insurer providing coverage for vessels equivalent to 400 million gross tonnes.

Both

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