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.


18 Apr 2024

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 2023.

The Club has reported a combined ratio of 98.4% for the 2023 financial year, with a close to breakeven underwriting result of US$ 4.1m.

The investment portfolio returned an overall gain of US$ 65.7m, with closing net assets of US$ 406.8m. The Club’s capital strength and focused management of risk resulted in Standard & Poor’s reaffirming its credit rating of A (stable outlook), leaving the Club well placed to continue to provide high quality, well priced P&I insurance to its Members into 2024 and beyond.

Financial and Member data summary

  • Combined ratio 98.4% (2022: 97.4%)
  • Underwriting surplus US$ 4.1m (2022: US$ 6.2m)
  • Earned premiums, net of reinsurance US$ 248.9m (2022: US$ 236.4m)
  • Incurred claims, net of reinsurance US$ 173.8m (2022: US$ 167.3m)
  • Investments returned a gain of US$ 65.7m (2022: loss of US$ 65.6m)
  • Capital and free reserves US$ 406.8m (2022: US$ 337.4m)
  • Entered Members 8,762 (2022: 8,527)
  • Entered tonnage 31.4m (2022: 29.6m)
  • Entered vessels 35,074 (2022: 33,808)​​​​​