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The claims response service is available 24 hours a day, 7 days a week and provides immediate global assistance to all of our Members.

Calling the emergency contact number provides a quick and effective way to speak directly to a duty Shipowners’ claims handler in the event of an incident or casualty involving an entered vessel.

During office hours the emergency number will redirect to the relevant corresponding office switchboard.

Alternatively, Members can request assistance from our network of correspondents located around the world.

Correspondents

Emergency Contact

10 Sept 2026

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10 SEPTEMBER 2026 – The Shipowners' Club, the leading P&I insurer in the smaller and specialist vessel sector, has reported financial results for the six months ended 30 June 2026.

The Club reports a combined ratio of 100.1%, reflecting the right balance between the premium collected from Members and the cost of running their Club. Gross tonnage has grown to a new mid-year high, although Member and vessel numbers eased slightly over the same period, and written premium income increased by US$ 15.0m compared to the first six months of 2025.

The Club remains well capitalised at 30 June with US$ 548.8m in capital and free reserves, and this is reflected in the Club's rating of A (stable outlook) from Standard & Poor's.

Marcus Tarrant, Chief Executive, introduces the results, commenting: 

"Financially, the first half of 2026 has been solid. We have again struck the right balance between the premium we collect from Members and the cost of running their Club, delivering a combined ratio of 100.1%." 

"We could not do this without the continued support of our Members and their brokers, and the many others who work with and alongside the Club – our thanks go to all of them."

Financial summary

  • Combined ratio: 100.1% (June 2025: 99.6%)
  • Gross earned premiums: US$ 156.6m (June 2025: US$ 152.0m)
  • Capital and free reserves: US$ 548.8m (December 2025: US$ 530.7m) ​​
  • Underwriting result: US$ 0.2m deficit (June 2025: surplus US$ 0.6m)

The Club is pleased to report a 99.2% retention rate at the 20 February 2026 renewal.

The full report is available to view and download on the Club's website.

 

Ends
Notes for editors

The Shipowners’ Club is a mutual marine liability insurer, which has been providing Protection and Indemnity, including Legal Cost insurance, for small and specialist vessels since 1855. The Club is a member of the International Group of P&I Clubs and works with more than 700 broking companies to insure over 35,000 vessels across a range of operating sectors and geographical areas.

Media contact:

Ellie Bailey
The Shipowners’ Club
T: +44 207 423 7145
E: ellie.bailey@shipownersclub.com
W: www.shipownersclub.com

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