Wednesday, 16th September 2015

New Reinsurance subcommittee chairman appointed

Hugo Wynn Williams, Chairman of Thomas Miller, managers of the UK Club, the longest serving current member of the Group Reinsurance subcommittee and chairman of the subcommittee since 2009, has been succeeded as Reinsurance subcommittee chairman by Paul Jennings, Joint Managing Director, North P&I Group. At its recent meeting the subcommittee expressed its considerable thanks to the outgoing chairman for his valuable input and leadership of the committee over many years, and welcomed the incoming chairman, also a longstanding and experienced member of the subcommittee and key working groups.

As part of its annual review of the Group reinsurance programme structure, the subcommittee approved an increase in the individual club retention from US$ 9 million to US$ 10 million with effect from 20 February 2016. The retention was last increased from US$ 8 million to US$ 9 million in 2013."

18 Jun 2020

Updated Industry Guidelines on the Carriage of Seed Cake in Containers

The carriage of Seed Cake cargoes continues to cause confusion and the potential for mis-declaration remains high - with the consequent risk of fire on board container ships. Seed Cake is the term used for pulp, cake, pellets, expellers or other cargo where oil has been removed from oil-bearing seeds, cereals or commodities with similar properties, including all such types of seed meal. It is principally used as an ingredient in animal feeds.
22 May 2020

International Group clubs respond to the US Government sanctions guidance for maritime and related industries.

On 14 May 2020 the US issued a Global Maritime Advisory (“Guidance”) aimed at a range of industry sectors including marine insurers such as P&I clubs, shipowners and charterers.