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London P&I Club increases free reserves by 22% in 2009/10

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THE London P&I Club has reported a financial year surplus of $25.9m for the year ended 20 February 2010.

The club's annual report will be published in July, but a summary of results for the 2009/10 financial year notes that the surplus achieved by the Club served to increase free reserves by 22 per cent

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