2024/25 financial year result and overview

London P&I is pleased to announce that our 2024/25 financial year results are now available.

Despite ongoing volatility in global shipping markets, we are pleased to report another strong financial year. Our improved technical performance has continued to support greater stability and stronger top line revenues for our members.

James Bean, CEO of London P&I, said: “These most recent results are the clearest sign yet that the fundamentals of our business are strong and that we are well placed to fully meet the needs of our Members and Assureds, both now and in the future. Our strategic plans are delivering growth in tonnage, acknowledging the Association’s reputation for best-in-class personal service. We want to thank our Members, Assureds and Brokers around the world for their continued support and confidence.”

Our overview and summary of the drivers behind the positive result for the 2024/25 financial year, together with other recent developments in London P&I’s business, can be seen here.

A full breakdown of our results will be available in our Annual Report & Financial Statements, which will be published later this month.