Despite Challenges, American Club Experiences Stability with the 2024 P&I Renewal
The American Club has reported relatively moderate drops in the year-on-year renewal results, which reflect overall stability within the context of recent challenges as well as its de-risking strategy. The gross tonnage for the Club’s Class I (mutual P&I) entries stands at 22.5 million, down by approximately 2.5 million compared to inception one year earlier,…
