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P&I clubs face up to the Micawber dilemma

International Group affiliates last year shelled out six dollars for every five dollars they took in. As Dickens’ aficionados will realise, marine mutuals need to aim for happiness rather than misery

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The entire club ethos is to do the best they can by their members. If they turn around to shipowners and say they need more money, chances are they really do need more money

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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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