P&I--BETTER TIMES, BUT BIGGER CLAIMS
The Protection and Indemnity Clubs (P&I Clubs) are descendents of shipowners' self-insurance groups set up in 18th century England. Many are now managed by outside professionals, but they remain mutuals. The P&I scene, which this article describes, is dominated by clubs with UK roots and management, though a number of these have headquarters in places like Bermuda or Luxembourg. There are also three Scandinavian clubs, a Japanese club and the American Club. The formal title of the American Club is the American Steamship Owners Mutual Protection and Indemnity Association, and it is incorporated as a New York state insurance mutual. It has a particular expertise in dealing with U.S. claims matters.
- Find a library where document is available. Order URL: http://worldcat.org/oclc/17156061
- Journal article
- Publication Date: 1988-11
- Pagination: 4 p.
- TRT Terms: Economic conditions; Indemnity; Management; Marine insurance; Organizations
- Uncontrolled Terms: Organizational structure
- Subject Areas: Administration and Management; Economics; Marine Transportation;
- Accession Number: 00656374
- Record Type: Publication
- Source Agency: Maritime Technical Information Facility
- Files: TRIS
- Created Date: Jul 21 1994 12:00AM