North P&I Club

Reed Smith advises North P&I and Standard Club on merger to create new global marine insurer

Reed Smith advises North P&I and Standard Club on merger to create new global marine insurer

LONDON – Global law firm Reed Smith announces today that it is advising North P&I and Standard Club in their discussions for a proposed merger to create a new global marine insurer and one of the largest providers of mutual cover in the maritime industries. With 300 years of shared P&I heritage, the combined mutual insurer would provide cover for vessels equivalent to 400M gross tonnage.

This announcement...

https://allaboutshipping.co.uk/2022/03/14/reed-smith-advises-north-pi-and-standard-club-on-merger-to-create-new-global-marine-insurer/

Major P&I merger will create new marine insurer

Conditions that have led observers to predict that further consolidation in the industry was likely.

Today, two well-known players—North P&I and Standard Club—said they had entered formal discussions for a proposed merger to create a new global marine insurer and one of the largest providers of mutual cover in the maritime industries. With 300 years of shared P&I heritage, the combined mutual insurer would provide cover for vessels equivalent to 400 million GT.

They say the merger would help the...

https://www.marinelog.com/legal-safety/shipping/major-pi-merger-in-the-works-for-new-marine-insurer/

North P&I reportsa successful February 2022 P&I renewal with overwhelming member support

North P&I reportsa successful February 2022 P&I renewal with overwhelming member support

Paul Jennings

The P&I sector has faced a difficult period experiencing the challenges of COVID-19, record International Group pool claims, surging crew claims and higher reinsurance costs.

“Despite the challenges of 2021, North has made progress against our Key Strategic Goals,” said Paul Jennings, Chief Executive, North P&I. “We have secured the necessary premium growth across both our mutual and diversified...

https://allaboutshipping.co.uk/2022/02/21/north-pi-reportsa-successful-february-2022-pi-renewal-with-overwhelming-member-support/

North P&I Club defines sustainability strategy in inaugural Impact Report

North P&I Club defines sustainability strategy in inaugural Impact Report

Mark Church, Head of Sustainability, North P&I Club

The first North Group Impact Report highlights the Club’s extensive commitments to sustainability and “ambitious but achievable” targets for the years ahead.

To provide insight into its initiatives and future priorities for sustainability, North P&I Club has launched its first North Group Impact Report. The 22-page document details the Club’s progress in three key areas –...

https://allaboutshipping.co.uk/2021/12/13/north-pi-club-defines-sustainability-strategy-in-inaugural-impact-report/

Responding to one of the most challenging years on record, North P&I Club confirms sustainable approach to the forthcoming renewal

Responding to one of the most challenging years on record, North P&I Club confirms sustainable approach to the forthcoming renewal

l to r: Paul Jennings (CEO), Thya Kathiravel (CUO) and James Tyrrell (Chairman) – North P&I Club

Describing 2021 as “one of the most challenging years on record”, North P&I Club’s latest Pre-Renewal Report, published today, calls for “robust action” in the form of increasing mutual P&I rates at the forthcoming renewal to confront the challenge of mounting claims...

https://allaboutshipping.co.uk/2021/11/18/responding-to-one-of-the-most-challenging-years-on-record-north-pi-club-confirms-sustainable-approach-to-the-forthcoming-renewal/

North P&I Club appoints Michael Asherson as Claims Director

North P&I Club appoints Michael Asherson as Claims Director

Michael Asherson

North P&I Club has announced the appointment of Michael Asherson as Claims Director, in a return to the Club for one of shipping’s leading experts in maritime and insurance law after three years in private practice in his native South Africa.

Michael, who spent 18 years with North in the period up to 2018, returns to North’s Newcastle head office from 2 November to focus primarily on charter claims. The senior appointment...

https://allaboutshipping.co.uk/2021/11/04/north-pi-club-appoints-michael-asherson-as-claims-director/

North P&I Club appoints Nick Wolfe to drive diversification forward

North P&I Club appoints Nick Wolfe to drive diversification forward

(l-r): Paul Jennings, CEO, Thya Kathiravel, CUO and Nick Wolfe, Deputy Global Director, North P&I Club.

Global marine insurer North P&I Club has reaffirmed its drive for diversification by appointing Nick Wolfe as Deputy Global Director (Underwriting), reflecting a significant expansion in his leadership role in developing the diversification strategy.

“Our transformation from monoline P&I Club to diversified global marine insurer...

https://allaboutshipping.co.uk/2021/07/19/north-pi-club-appoints-nick-wolfe-to-drive-diversification-forward/

North P&I Club office move demonstrates ongoing commitment to future growth in Asia

North P&I Club office move demonstrates ongoing commitment to future growth in Asia

James Moran, North Director (Singapore)

28 June 2021 – North P&I Club has taken occupancy of new offices in Singapore, its regional headquarters for Asia, reaffirming its commitment to the existing membership and further growth of business in the region. 

The move, long envisaged in response to the continuing growth of the team in Singapore and the growth of business in the region, and necessitated by the...

https://allaboutshipping.co.uk/2021/06/28/north-pi-club-office-move-demonstrates-ongoing-commitment-to-future-growth-in-asia/

North Signals – Issue 123, Spring 2021

North Signals – Issue 123, Spring 2021

21 May 2021

The Spring 2021 issue of North Signals is now available for downloador to view online at the following link: North Signals – Issue 123

Articles in this edition include:

  • The Ever Smart and
    Alexandra I Collision
  • Engine failure highlights dangers of delegating maintenance
  • Call for clarity on the enforcement of the sulphur cap
  • Biofuels enter the sustainable fuel mix
  • Voyage charter variation: mind the gap!

Download the MyNorth Publications app
MyN...

https://allaboutshipping.co.uk/2021/05/21/north-signals-issue-123-spring-2021/

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