22 February 2007

Revised Individual Club Retention and Restructured General Excess of Loss Reinsurance contract effective noon 20 February 2007

With effect from noon on 20 February 2007, the individual club retention has been increased from US $6 million to US $ 7 million and the Group general excess of loss reinsurance contract has been restructured.

22 February 2007

New double retention procedure implemented

With effect from 20 February 2007 the Group have implemented a new double retention procedure which may be used in appropriate cases for vessels which have been declined for entry or for which entry has been terminated on the basis of failure to meet minimum acceptable quality levels.

14 November 2006

New International Group Chairman elected

At the Annual General Meeting of the International Group of P I Clubs managers held in London on 14 November, the managers of the 13 member clubs unanimously endorsed and welcomed the election of Peter Spendlove to succeed Alistair Groom as International Group Chairman.

01 September 2006

Group Secretariat Update


15 August 2006

International Group seminar on Fully Automatic Lock (FAL) systems for container securing

In response to increasing concerns within the Group clubs over failures of FAL container securing systems, the Group Ship Technical Committee chaired by David Heaselden arranged a seminar in London on 24 August attended by representatives from the Group clubs and outside experts.

10 August 2006

First report of the IOPC Funds working group on non-technical measures to promote quality shipping for carriage of oil by sea

The report draws heavily on the position paper submitted by the International Group (document 92FUND/WGR.

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