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American Club sails into profit

New York-based marine protection and indemnity (P&I) mutual the American Club made an operating profi...

New York-based marine protection and indemnity (P&I) mutual the American Club made an operating profit of $3.2m in 2002.
The club's premium income in 2002 rose by 28% from $41.5m in 2001 to $53.3m

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