The Swedish Club’s P&I Rules and Exceptions 2021 are designed as a helpful tool to provide deeper understanding of the rules for everyone working in the P&I sector worldwide.
Rule 14 Right of recourse
For any amount paid by the Association to the Member or to a claimant, the Member’s right of recovery from third parties is transferred to the Association, which is entitled to collect any amount recovered.
The Association has a right of recourse against the Member for any amount which the Association has paid on behalf of the Member and for which the Member is not entitled to compensation under these Rules.
