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

MAP20190006200

P&I clubs' balance sheets strong but performance under pressure amid strong competition / Mathilde Jakobsen, Catherine Thomas. — London [etc.] : A.M. Best Company, 2019

9 p. . — (Best's Market Segment Report ; February 18, 2019)

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 tonnage

1. Seguro marítimo . 2. Transporte marítimo . 3. Clubs de Protección e Indemnización . 4. Inversiones financieras . 5. Reaseguro . 6. Mercado de seguros . 7. Estados Unidos . I. Thomas, Catherine . II. A.M. Best Company . III. Best's Market Segment Report ; February 18, 2019 . IV. Título.