Insurance Post

Shipowners commit to UK Club

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The United Kingdom Mutual Steam Ship Assurance Association, better known as the UK P&I Club, has attracted over 3m gross tons of new tonnage, following the closure of renewal season on 20 February 2013.

The Club's tonnage stands at around 120m gross tons, which represents a net growth of 7.6m tons over the past year.

The association said that due to its policy on ‘sound underwriting' it had declined

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