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West Reports Significantly Improved Operating Result | Hellenic Shipping News Worldwide

West Reports Significantly Improved Operating Result | Hellenic Shipping News Worldwide
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Steamship Mutual Financial Update and 2022/2023 Renewal | Hellenic Shipping News Worldwide

At their Board Meeting held on 23 May 2022, the Directors of Steamship Mutual approved the Clubs’ Report and Accounts for the 2021/22 policy year and authorised publication of the following key points in advance of the release of detailed results. 2021/22 Financial Year Highlights • All figures in this report reflect Steamship’s combined position. .

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Steamship Mutual: 2021/22 Financial Year Highlights | Hellenic Shipping News Worldwide

All figures in this report reflect Steamship’s combined position. Owned tonnage at 20 February 2022 was 110 million GT, a 14.8% increase over the previous year. Total entered tonnage, including chartered, was 195 million GT as at 20 February 2022. As at 20 February 2022, Free Reserves stood at US$ 473 million, from US$ 511 .

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West Successfully Executes Highly Targeted Renewal Strategy | Hellenic Shipping News Worldwide

The West of England P&I Club has today announced its financial results for 2021. Thanks to the successful implementation of a planned renewal strategy built around necessary premium increases and selective de-risking, West is in a strong position to meet future challenges. An improved technical performance saw West’s combined ratio improve to 114%, despite a .

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The American Club: Development Of Closed And Open Policy Years, Premium And Related Requirements For The 2022 Policy Year

At its meeting held virtually from New York yesterday, your Board reviewed the American Club’s present and prospective circumstances by reference to a variety of factors. This Circular describes the issues discussed by your Board, and the decisions it reached in consequence of those discussions. Background to the 2022 American Club renewal While there are .

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