The London P&I Club – 2011/12 Financial Year (5.450)

This circular gives members an advance summary of London P&I’s results for the 2011/12 financial year ahead of the Annual Report in July. It covers the overall financial position, claims experience, investment performance and membership growth.

London P&I reports a near break-even year overall, with encouraging claims development, a solid investment return and continued growth in membership across several countries.