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We provide protection and indemnity cover with other insurances for shipowners, charterers and offshore energy operators. We are S&P ‘A’ rated and one of the premier mutual P&I insurers by tonnage and membership.
Teams of marine and technical personnel provide advice and best practices that underpin our ability to manage risks, deliver value and sustain financial security
Through offices in major hubs and a network of correspondents we cover the globe, responding to incidents with immediate, practical advice and ongoing support to resolve matters as positively as possible.
Standard Club is a specialist marine and energy insurer known for its diverse membership, pioneering loss prevention expertise and attractive pricing.
Providing members with first-class financial security is one of The Standard Club’s four strategic objectives. This includes holding free reserves large enough to cushion members from paying extra calls to cover shock claims or losses.
But in setting the level for its free reserves, the club must also consider its regulatory and rating requirements.
This bulletin explains how the club works out the appropriate level of its free reserves, enabling it to:
Use the link on the right to read this bulletin.