Centro de Documentacion de Fundación MAPFRE - P&I clubs' balance sheets strong but performance under pressure amid strong competition

Publication: London [etc.] : A.M. Best Company, 2019Physical description: 9 p.Series: (Best's Market Segment Report ; February 18, 2019)Notes: Sumario: Pricing is under pressure ahead of the February 20, 2019 deadline for the marine protection and indemnity (P&I) renewal for ship-owners. Competition in the sector remains strong, exarcebated by a growing fixed-premium market. At the time, the P&I clubs' ship-owning members continue to face challenging commercial conditions and are looking to reduce costs.
The P&I sector is dominated by the members of the International Group of P&I Clubs (International Group), which collectively insure approximately 90% of the world's ocean-going tonnageMateria / lugar / evento: Seguro marítimo Transporte marítimo Clubs de Protección e Indemnización Inversiones financieras Reaseguro Mercado de seguros Estados Unidos Otros autores: Thomas, Catherine
A.M. Best Company
Secondary series: Best's Market Segment Report ; February 18, 2019 Other categories: 326.3