Claims Emergency

London Branch

+44 203 829 5858

Singapore Branch

+65 8683 3190

The claims response service is available 24 hours a day, 7 days a week and provides immediate global assistance to all of our Members.

Calling the emergency contact number provides a quick and effective way to speak directly to a duty Shipowners’ claims handler in the event of an incident or casualty involving an entered vessel.

During office hours the emergency number will redirect to the relevant corresponding office switchboard.

Alternatively, Members can request assistance from our network of correspondents located around the world.


14 Apr 2022

The Shipowners’ Club, the leading mutual P&I insurer in the smaller and specialist vessel sector, has reported encouraging results for the year ending 31 December 2021.

For the 2021 financial year, the Club has reported a combined ratio of 98.7% which was slightly ahead of budget. Responsible underwriting for the benefit of all Members in the last year brought an increase in premium of 7.3% to US$ 249.0m.

The Club reported an overall surplus of US$ 17.4m, partly as a result of the modest underwriting gain of US$ 2.9m but primarily driven by a gain of US$ 15.6m on the investment portfolio, reflecting a return of 3.5%. This result brought the Club’s free reserves to US$ 396.4m which has contributed to the Club’s A (stable) rating from Standard & Poor's.

Financial and Member data summary

  • Combined ratio 98.7% (2020: 101.0%)
  • Underwriting surplus US$ 2.9m (2020: deficit of US$ 2.0m)
  • Earned premiums, net of reinsurance US$ 223.2m (2020: US$ 207.2m)
  • Incurred claims, net of reinsurance US$ 161.2m (2020: US$ 154.0m)
  • Investments returned a gain of US$ 15.6m (2020: gain of US$ 49.8m)
  • Capital and free reserves US$ 396.4m (2020: US$ 379.1m)
  • Entered Members 8,263 (2020: 8,182)
  • Entered tonnage 28.7m (2020: 27.8m)
  • Entered vessels 34,167 (2020: 33,831)