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21 Dec 2021

The International Group Pooling and GXL Reinsurance contract structure for 2022 has now been finalised.

The International Group Pooling and GXL Reinsurance contract structure for 2022 has now been finalised. This release provides the International Group’s renewal rates for 2022/23 policy year.
15 Dec 2021

Poseidon Principles for Marine Insurance (PPMI)

The IG sets out its position on the PPMI published on 15 December 2021 by the Global Maritime Forum.
“The Group is committed to keeping under active review the ways in which clubs collectively deliver benefits for their shipowner members, and looking to the future, to ensuring that the Group’s pooling and reinsurance arrangements, which support the very comprehensive cover provided to the clubs' shipowner members, evolve and adapt to meet the challenges of new technologies which are being developed within the shipping industry and the new regulatory challenges facing both shipowners and marine insurers.”
Paul Jennings
International Group Chairman