The IGP&I Group activities - Review of claims trends
Chair Paul Jennings and Group CEO Nick Shaw discuss the Group’s activities over the last 6 months. IGP&I will be sending out a series of videos reviewing topics such as pool claims, current and future challenges for the Group and how the Group can share collective expertise on marine liability issues helping enable global trade.
The first video discusses the pool claims environment and coverage, which includes:
• No marked increase in the number of pool claims
• The importance of maintaining high levels of P&I liability cover to support Global shipping
• The long term relationship with the reinsurance markets