PROTECTION AND INDEMNITY - Willis
PROTECTION AND INDEMNITY - Willis
PROTECTION AND INDEMNITY - Willis
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<strong>PROTECTION</strong><br />
<strong>AND</strong> <strong>INDEMNITY</strong><br />
MARkET REvIEw 2008/09<br />
Summary 3<br />
Market Financial Commentary 7<br />
Reinsurance and Pooling 17<br />
– Changes in International Group Reinsurance 18<br />
– Pool and Retention Development 21<br />
– Expectations for the Reinsurance Renewal at 20 February 2009 26<br />
General Increases 29<br />
Average Expense Ratio (AER) Comparisons 33<br />
Club Financial Pages 37<br />
– Introduction to Club Pages 38<br />
– American 40<br />
– Britannia 42<br />
– Gard 44<br />
– Japan 46<br />
– London 48<br />
– North of England 50<br />
– Shipowners 52<br />
– Skuld 54<br />
– Standard (Bermuda) 56<br />
– Steamship 58<br />
– UK Club 60<br />
– West of England 62<br />
– Liverpool & London 64<br />
– Swedish 65<br />
Supplementary Call History 67<br />
– Historic Supplementary Call Accuracy 68<br />
– Supplementary Call History Summary 70<br />
– Comparison of Original and Actual Supplementary Calls 72<br />
– Percentage Variation from Initial Estimated Total Call 75<br />
Release Calls 79<br />
P&I Fixed Premium Market 83<br />
Contacts 92<br />
<strong>Willis</strong> P&I Review 2008/09 |
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