UK P&I Club reduces combined ratio to 104% as premiums exceed $500mn
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UK P&I Club reduces combined ratio to 104% as premiums exceed $500mn

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The UK P&I Club posted a combined ratio of 104% in the year to 20 February, as premium income surpassed $500mn for the first time.

The combined ratio represented an 11-point improvement on the prior year, in line with improved underwriting results across the P&I market in a benign claims year.

Increased

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