20 February 2013
The Group has now completed the placement for the 2013/14 policy year of the first three layers of the Group’s GXL reinsurance programme together with the Collective Overspill layer.
29 January 2013
Amended European Union Measures against Iran - Council Regulation 1263/2012 dated 21 December 2012 - Updated Frequently Asked Questions 29 January 2013
The European Union Foreign Affairs Council has amended Council Regulation 267/2012.
11 January 2013
The arrangements for the renewal of the International Group General Excess of Loss reinsurance contract and Hydra reinsurance programme for 2013/14 have been finalized.
16 November 2012
Following consideration within the International Group Reinsurance Subcommittee, the Group has agreed that the individual club retention which was last increased from US$ 7 million to US$ 8 million with effect from the 2010 policy year will be increased to US$ 9 million with effect from 20 February 2013.
13 November 2012
At the Annual General Meeting of the International Group of P and I Clubs managers held in London on 13 November 2012, the managers of the 13 member Clubs unanimously endorsed and welcomed the election of Grantley Berkeley, Chairman of Tindall Riley (Britannia) Ltd, to succeed Gard CEO Claes Isacson as Chairman of the International Group.
01 November 2012
Further to the FAQs published in respect of Council Regulation 267/2012, which dealt with the prohibitions on the purchase, import and transport of Iranian oil/petroleum products and the insurance related to such activities, the EU Foreign Affairs Council has recently published new prohibitions contained in Council Decision 2012/635.
19 October 2012
The 40th Conference of the Comite Maritime International was held in Beijing from 14th to 19 October 2012.
19 October 2012
The Group attended the meetings of the 1992 IOPC Funds governing bodies, 6th and 7th intersessional working groups that were held in London from 15 to 19 October 2012.
15 August 2012
European Union Measures against Iran - Council Regulation 267/2012 dated 23 March 2012 - Frequently Asked Questions – updated 15 August 2012
The Group has continued its engagement with the UK’s Competent Authorities seeking further clarification on the scope of application of the measures contained in Council Regulation 267/2012
01 August 2012
The European Commission has today announced that it has closed its review of the International Group's claims-sharing and reinsurance arrangements.