London, 28 May 2025: The UK P&I Club has announced continued growth at the end of the 2024/2025 financial year, both in terms of entered tonnage and financial strength. A healthy 6.6% investment return has grown the Club’s free reserves to US$494 million, despite a challenging policy year for the sector.
The increase in free reserves means the UK Club remains one of the strongest in the International Group, maintaining a Solvency Ratio of 242%, whilst exceeding...