Standard & Poor's upgrade the Shipowners' Club credit rating from A- to A
The Shipowners’ Club is delighted to announce an upgrade to our Standard & Poor’s (S&P) credit rating, from A- to A
London, 17 November 2016: The Shipowners’ Club (the Club) is delighted to announce an upgrade to our Standard & Poor’s (S&P) credit rating, from A- to A.
<In welcoming this news, the Club’s CEO, Simon Swallow, commented as follows: “The recent brand research exercise that the Club undertook noted the importance of our financial strength to our Members and their brokers. The Club is pleased to note that our ongoing financial strength has been reiterated by S&P and that this strength will help the Club to remain the number one P&I choice for small and specialist vessels.”
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The Shipowners’ Club
The Shipowners’ Club is a mutual marine liability insurer, providing Protection and Indemnity 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 600 brokers globally to insure over 32,000 vessels across a range of operating sections and geographical areas.
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