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IG chief says P&I pooling mechanism can handle claims spate

The world’s biggest reinsurance contract has the resilience needed to pay out on recent run of major casualties, according to International Group’s chief executive

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Incidents on the scale of Wakashio, Golden Ray, Hoegh Xiamen, Diamond Princess, New Diamond and Gulf Livestock 1 will put a dent on P&I club bottom lines, but providing cover is what marine mutuals are there to do, advocates argue

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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