P&I clubs are right to keep a tight grip on $5.5bn cash reserves
Broker hits back at Marsh Specialty's view that protection and indemnity mutual should use their reserves to soak up losses — rather than impose general increases THIS ARTICLE WAS ORIGINALLY PUBLISHED HERE By Richard Adler in London / https://www.tradewindsnews.com/ At a recent virtual protection and indemnity conference, a broker urged senior club executives to free shipowners from [...]