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The UK P&I Club is a marine mutual liability insurer in the United Kingdom providing P&I insurance for the global shipping industry. [1] [2] [3] The UK P&I Club is one of the 12 members of the International Group of P&I Clubs. [4] The club is one of the largest of the global P&I Clubs and in 2002 covered more than 100 million tons across 6,000 ...
The Marine Insurance Act 1906 (8 Edw. 7. c. 41) is a UK act of Parliament regulating marine insurance. The act applies both to "ship & cargo" marine insurance, and to P&I cover. The act was drafted by Sir Mackenzie Dalzell Chalmers, who had earlier drafted the Sale of Goods Act 1893. The act is a codifying act, that is to say, it attempts to ...
Protection and indemnity insurance, more commonly known as P&I insurance, is a form of mutual maritime insurance provided by a P&I club. [1] Whereas a marine insurance company provides "hull and machinery" cover for shipowners, and cargo cover for cargo owners, a P&I club provides cover for open-ended risks that traditional insurers are reluctant to insure.
The London P&I Club abbreviated also London Club, and The London Steam-Ship Owners’ Mutual Insurance Association Limited is a group of protection and indemnity insurance (P&I) companies for mutual maritime insurance representing global ship-owners, founded and registered in England 1866, incorporated in 1875.
The NorthStandard P&I Association or Club is a marine mutual liability insurer in the United Kingdom.. In May 2022, it was announced that the North of England P&I Association would merge with the Standard Steamship Owners Protection & Indemnity Association (the Standard Club). [1]
Marine insurance traditionally formed the majority of business underwritten at Lloyd's. Nowadays, Marine insurance is often grouped with Aviation and Transit (cargo) risks, and in this form is known by the acronym 'MAT'. It is common for marine insurance agencies to compete with the offerings provided by local insurers.
BS 92 Screw threads, British Standard Whitworth and their tolerances; BS 93 Specification for British Association (B.A.) screw threads with tolerances for sizes 0 B.A. to 16 B.A. BS 94 Watertight glands for electric cables; BS 95 Tables of Corrections to Effective Diameter required to compensate Pitch and Angle Errors in Screw Threads of ...
The manager and underwriter of British & Foreign Marine was Richard Norris Dale, [3] a local marine broker, who continued in that role for nearly thirty years; Thomas Chilton, a local shipowner, was appointed chairman, a position he held until 1900. The firm's coverage was confined to cargo and freight but there was pressure from clients to ...