Annual Review

Copies of our Annual Review found here

The role of the Group

One of the main roles of the Group is co-ordinating the operation and regulation of the clubs’ claim-sharing agreement

International Group reinsurance 2017/18 placement – termination of “fall-back” cover

18/01/2017

Placement of the International Group General Excess of Loss (GXL) reinsurance and Collective Overspill contracts and the Hydra reinsurance programme for 2017 have been completed.

International Group signs Funding of Interim Payments Agreement with the 1992 IOPC Fund

23/12/2016

International Group signs Funding of Interim Payments Agreement with the 1992 IOPC Fund

Exhibition to mark 50 years of government and industry working together to address the risk of oil pollution from ships

21/12/2016

The International Group is collaborating with the IMO, IOPC Funds and other industry organisations to produce an exhibition at the IMO to mark the achievements of the international community over the past 50 years to achieve a sustained reduction in major oil spills from ships; to establish effective systems for preparedness and response if there is an incident; and to create a comprehensive mechanism for providing compensation.