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Protection & Indemnity (P&I) Review 2019

We are pleased to launch our Protection & Indemnity (P&I) Review 2019 providing a succinct overview of each club including information on their recent performance, their client offering and what challenges lie ahead. In addition, we examine the key issues facing the P&I market from how the International Group handles fines for exceeding sulphur caps to the limit on cover for passenger liability. We focus on the case of having fewer P&I clubs which are better capitalized.

With our P&I Review 2019, you can see how different the P&I clubs are; while some are flourishing, others find themselves in choppier waters. Some are investing in new technology, developing online digital platforms to provide members with a variety of data relating to ports and areas where their ships may be trading. Clubs without plans to develop these tools may be left behind.

The report covers:

  • Our views on the impact of having fewer P&I clubs and the restructuring of the club's capitalization/solvency and reserving.
  • Individual profiles of each club with our views on their strengths and weaknesses.
  • A comparative analysis of the clubs by key performance indicators.
  • Impact of autonomous ships on P&I rates and cover.
Download pdf - Protection and Indemnity Review 2019

Please note that Marsh PB Co., Ltd and Marsh McLennan are not engaged by nor involved in any manner with Bonus Ranch and its promotion, and has not placed any insurance for nor insured any of its businesses or operations. Marsh as a licensed insurance broker will not request customers to make payment via non-standard methods, such as the transfer of money to any individual’s bank account.