16 Jan 2023

IG Reinsurance contract (GXL) structure for the 2023/24 finalized

The International Group (IG) Pooling and Group Excess of Loss Reinsurance contract (GXL) structure for the 2023/24 Policy Year has now been finalised.

P&IQ Scholarship 2023

The International Group of P&I Clubs and The Education Committee are pleased to announce the expansion of its annual scholarship programme to take part in the highly successful P&I Qualification programme.

“The Group is committed to supporting its P&I Club Members, enabling maritime trade whilst harnessing its collective strength. The Group’s fundamental purpose remains preserving the Group’s pooling and reinsurance arrangements, which in turn enables Clubs to provide the exceptional and comprehensive cover required by shipowners.

Going forward, the Group will continue to engage with all industry stakeholders on the major issues facing the industry and especially the concerns of our reinsurance partners and shipowners. These include regulatory changes, the application of sanctions, a better use of data to guide loss prevention and safety at sea as well as discussions over alternative fuels.”

Andrew Cutler
International Group Chair