S&P Global Ratings has upgraded London P&I Club’s outlook to Stable following a notably strong period of improved operating performance that has strengthened the Club’s capital position. S&P Global has also reaffirmed the Club’s long-term financial strength rating as ‘BBB’.
News Alerts
We issue News and other Alerts to keep members posted about developments at the Club and other industry news. Please see our latest Alerts below.
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3 December 2024
24 October 2024
Following our announcement in May this year, we are pleased to confirm that James Bean will assume the position of Chief Executive Officer of The London P&I Club on Monday 04 November 2024.
10 June 2024
A summary of the drivers of and positive result for the 2023/24 financial year and other recent developments in the Club’s business
7 May 2024
London, 07 May 2024 – The London P&I Club has today announced that Ian Gooch will be stepping down during the year from the role of Chief Executive Officer after 15 years as CEO and 21 years as a Director of A.Bilbrough & Co., the Company that manages The London P&I Club.
26 March 2024
Members and Assureds involved in the shipment of vehicles should note that the Vehicle Carrier Safety Forum (“VCSF”) has published its first industry good practice guidelines
18 March 2024
Members and Assureds should note the compliance requirements for this and the previous year
8 March 2024
Large fines as well as potential prison sentences are being imposed on vessels calling in Lome, Togo for alleged smuggling.
22 February 2024
Statement from Reto Toggwiler, Chief Underwriting Officer. The London Club is starting the new P&I year following a positive renewal.
17 January 2024
The level of pollution fines in Turkey has been amended with effect from 1 January 2024 with a 58% increase in the levels of fines from previous levels.
23 October 2023
Members and Assureds whose vessels are bound for ports of Rizhao/Lanshan and Dalian in China should note recent changes in the distribution of major fish farms affecting the approach to these areas.