shutterstock_2177858347
21 June 2024Insurance

Britannia P&I cut technical loss, upped reserves, ahead of bridge toll

The Britannia P&I club, front and centre in the Baltimore Bridge collapse, trimmed its underwriting loss again in its latest fiscal year, cutting 4.3 points off its combined ratio to 102.3% and boosted its overall profit and free reserves on a major swing in investment income. 

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Week Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
20 September 2026   As Frédéric Denèfle, president of IUMI steps down, he offers words of advice to his successor: expect disruption, stay connected to every member, and remember to enjoy the role.
Insurance
20 September 2026   Paul Western and David Pressman from Markel International say worsening geopolitical threats are creating challenges for hull and cargo underwriters – but they are stepping up.
Insurance
20 September 2026   ISPM 15 rules could carry major operational and financial costs for marine cargo, says IUMI's Lange.