Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Global P&I clubs expected to see improved results: Report

Reprints

A report by Standard & Poor's Corp. said the global marine protection and indemnity insurance industry is expected to see better results for the year to February 2014, Asia Insurance Review reported.

Standard & Poor's credit analyst Ali Karakuyu said "the expected improvement in underwriting could lead to a much-reduced combined (loss and expense) ratio" for International Group of P&I Clubs.

The report said "we foresee results for individual clubs in the International Group of P&I Clubs ranging from a surplus of $50 million down to a deficit of $20 million for February 2014.”

Read more