North reports premium growth of 5.6% for 2021-22 policy year, but free reserves decline

North of England P&I Club has released its full financial report for 2021-22, in which premium income grew to $429.0m for the year, and the underwriting result improved to a loss of $22.8m (2020-21, loss of $44.9m). However, the investment result deteriorated significantly to a loss of $19.8m...

https://insurancemarinenews.com/insurance-marine-news/north-reports-premium-growth-of-5-6-for-2021-22-policy-year-but-free-reserves-decline/

WSC decries “appalling mischaracterization” of shipping companies by US politicians

The bipartisan passage of the Ocean Shipping Reform Act in the US has garnered widespread praise in the US from industry, consumers, and politicians, with the latter stating unambiguously that they felt the shipping industry to have been to blame for trade difficulties experienced in the US over...

https://insurancemarinenews.com/insurance-marine-news/wsc-decries-appalling-mischaracterization-of-shipping-companies-by-us-politicians/

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