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Financial

The Club's most recently published Report and Accounts can be viewed or downloaded from this website. The key figures are set out below.

Key Data

Year ended 20 February 2005 2006 2007 2008 2009
Gross Premium ($ million)

236.6

251.4

326.1

241.0

408.5
At 20 February  2005 2006 2007 2008 2009
Free Reserve ($ million)

134.3

132.5

204.7

173.6

160.8
Net Assets ($ million) incl. additional calls

541.6

551.9

658.8

585.4

599.2
By Policy Year 2005 2006 2007 2008 2009
Gross Tonnage (Class 1 Owners pro rata - millions)

60.1

62.7

53.8

53.7

50.7
Number of vessels (Class 1 Owners)

4,554

4,478

3,993

3,967

3,550

At the Club’s Board Meeting of 13 May 2009, the 2006 Policy Year for Class 1 and the 2004 Policy Year for Class 2 were closed. The position regarding additional call and release percentages for the open years and the 2010 Policy Year is shown below.

Policy Year information Class 1 P&I

Policy Year 2007 2008 2009 2010
Additional Call 20% charged Aug 2008

35% charged Aug 2009
20% charged Aug 2009
 
22.5% due Jan 2010

22.5% due Aug 2010
30% due Aug 2010 30% due Aug 2011
Release 15% 20% 30% 30%

Policy Year information Class 2 F,D&D

Policy Year 2005 2006 2007 2008 2009 2010
Additional Call 20% charged Aug 2007 20% charged Aug 2008 20% charged Aug 2009 20% due Aug 2010 20% due Aug 2011 30% due Aug 2012
Release 15% 15% 15% 15% 30% 30%

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