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.


20 Apr 2023

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 2022.

For the 2022 financial year, the Club has reported a combined ratio of 97.4% which was slightly ahead of budget. A disciplined approach to underwriting brought an increase in premium to US$ 270.8m.

The year-end saw the Club report net assets of US$ 337.4m. This strong capital position, which is reflected in the Club’s A rating (stable outlook) from Standard & Poor’s, leaves the Club well placed to continue to provide high quality, well priced P&I insurance to its Members into 2023 and beyond.

Financial and Member data summary

  • Combined ratio 97.4% (2021: 98.7%)
  • Underwriting surplus US$ 6.2m (2021: US$ 2.9m)
  • Earned premiums, net of reinsurance US$ 236.4m (2021: US$ 223.2m)
  • Incurred claims, net of reinsurance US$ 167.3m (2021: US$ 161.2m)
  • Investments returned a loss of US$ 65.6m (2021: gain of US$ 15.6m)
  • Capital and free reserves US$ 337.4m (2021: US$ 396.4m)
  • Entered Members 8,527 (2021: 8,263)
  • Entered tonnage 29.6m (2021: 28.7m)
  • Entered vessels 33,808 (2021: 34,167)