Half Year Report 2018

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The Shipowners’ Club, the leading P&I insurer in the smaller and specialist vessel sector, has reported financial results for the six months ended 30 June 2018.

The Club recorded a 106.4% combined ratio, which was in line with expectations and underlines the Club’s support for its Members. The Club’s investment portfolio saw a loss of US$ 13.7m in the first half, which reversed some of the US$ 47.5m gain that was reported in the prior year.

Financial summary

  • Combined ratio 106.4%
  • Capital and free reserves US$ 321.6m
  • Earned premiums US$ 110.3m
  • Claims costs US$ 76.9m
  • Underwriting deficit US$ 6.2m
View the report by clicking on ‘view pdf’ above, or view the press release.

Below are the graphs that appear in our report in JPEG format. Click on the image to enlarge and right click to download by selecting ‘Save image as’.