February 2025 P&I Renewals update

Statement from Reto Toggwiler, Chief Underwriting Officer

The London Club is pleased to report another positive year of growth in its mutual tonnage and the Club is on track to deliver a strong underwriting performance overall. The continued focus on strengthening the Club’s financial position, whilst ensuring the Club is well positioned to continue growing in a sustainable way, is reflected in this year’s very positive renewal outcome. It has been particularly pleasing to see additional tonnage being entered with the Club from both existing and new members globally. As always, the London Club is grateful for the support of its Members and brokers and remains committed to providing the highest levels of personal, reliable and quality service.