Insurance Post

UK P&I increases renewal premiums 7%

shipping

The UK P&I Club has announced boosted figures following the close of renewals for 2012, witnessing a 7% estimated increase of renewal premium.

Mutual owned tonnage has increased by 4% over the 2013/14 year, with combined owned and chartered tonnage reaching 215 million gross tons.

The mutual said that while shipping companies had recorded

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