New Aon report looks at P&I renewal
The 2005 Protection and Indemnity (P&I) renewal for ship owners is likely to see general rate rises of up to 12.5% in insurance premiums, according to Aon’s new 2004/2005 P&I handbook.
Though 2004 saw a positive financial correction for the mutual P&I Clubs underwriting P&I cover, concern over an increase in claim levels and indifferent investment returns will carry an air ofOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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