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.

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  • Supplemental Notes:
    • Journal article
  • Publication Date: 1988-11

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Filing Info

  • Accession Number: 00656374
  • Record Type: Publication
  • Source Agency: Maritime Technical Information Facility
  • Files: TRIS
  • Created Date: Jul 21 1994 12:00AM