Closure of the 2010 Policy Year without Additional Call

P and I Clubs — By on July 23, 2013 at 5:11 PM

SHIPOWNERS CLUB logoAt their meeting in Luxembourg on 17th July 2013 the Board considered the open policy years and in particular the  2010 policy year, which is now three years old.
The 2010 policy year continues to carry a surplus and the Board agreed to close the policy year without additional  call.

Furthermore, the Board considered the open policy years 2011, 2012 and the current 2013 year and agreed to  maintain a nil additional call estimate and a nil release call estimate for all open years.
The Shipowners’ Protection Limited
For on and behalf of The Shipowners’ Mutual Protection and Indemnity Association (Luxembourg)

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