London P&I Club reports improved marine business
Marine insurance mutual The London Protection & Indemnity Club has reported a substantial improvement in its finances and claims experience for the year ending February 20, 2004.
In a statement, the Club's free reserves stood at US$101.9m (£57.15m), an increase of 23 per cent over the figure of US$82.8m for the previous year. The improved financial performance was derived fromOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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