North P&I and Standard Club have entered formal discussions for a proposed merger to create a new global marine insurer and one of the largest providers of mutual cover in the maritime industries. With 300 years of shared P&I heritage, the combined mutual insurer would provide cover for vessels equivalent to 400M GT.
Combination would establish a global marine insurer positioned to thrive in the face of current and emerging challenges and opportunities posed Continue reading “Merger plans announced by North P&I and Standard Club to create new global marine insurer”