The Standard Club is a mutual, and so is owned by its shipowner members and controlled by a board of directors drawn from the membership. Day-to-day administration of the Club is carried out by the Managers, Charles Taylor & Co ( Bermuda) and associated companies within the Charles Taylor Consulting plc group.

• Standard Bermuda is the principal member of the Standard P&I Club group. Its subsidiaries include:
  • Standard Europe, which insures those members who benefit from being insured in a EU-incorporated insurer
  • Standard Asia, incorporated in Singapore , which provides for Asia-Pacific members the strength of the Standard Club combined with the focus of a club incorporated and managed in the region
• Standard Bermuda has a sister Club, Standard London, which specialises in insuring small craft trading in inland waterways and harbours, and short sea trades

Key facts

As at 20 February 2008:

• Overall free reserves $226m
• Tonnage insured 73m gt
• P&I premium income $120m
• investment income $29m, representing 8.5%
• Balance sheet funds $628m
• The Standard Club is a member of the International Group
• Rated A (strong) by Standard & Poor's