NorthStandard merger adds scale to thrive through P&I volatility

22 March 2023

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The merger of the North and Standard Club P&I clubs achieves the scale and diversification needed to thrive in an increasingly uncertain and volatile environment for marine insurers, according to managing directors Jeremy Grose and Paul Jennings.

In an interview with Insurance Insider in the wake of the merger’s completion on 20 February, Grose said that the business combination was “about preparing for the uncertainty ahead”, after years in which P&I clubs faced challenges including inflation,...

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NorthStandard merger adds scale to thrive through P&I volatility

The merger of the North and Standard Club P&I clubs achieves the scale and diversification needed to thrive in an increasingly uncertain and volatile environment for marine insurers, according to managing directors Jeremy Grose and Paul Jennings.

Fuel a smarter strategy with our actionable market intelligence

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NorthStandard merger adds scale to thrive through P&I volatility

The merger of the North and Standard Club P&I clubs achieves the scale and diversification needed to thrive in an increasingly uncertain and volatile environment for marine insurers, according to managing directors Jeremy Grose and Paul Jennings.

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Fuel a smarter strategy with our actionable market intelligence

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Tropical Storm Risk predicts four major hurricanes in updated forecast

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Gallagher Re pegs Midwest storm insured losses at $4bn-$7bn

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