SPS - P&I Club Reinsurance Renewal Update 2021
Shoreline, in acknowledging that 2020 has been the worst year in living memory for the ferry and cruise industry, has garnered support from your reinsurers to provide flexible renewal terms, with the aim of minimising the cost of compliance to your members at this particularly difficult renewal.
4 January 2021
Shoreline is pleased to announce the completion of the market facility against which shipowners can obtain direct WBCs and to which the reinsurances of International Group Clubs that issue WBCs can be declared for the forthcoming policy year and would now like to invite renewal instructions from 1st January 2021.
Shoreline, in acknowledging that 2020 has been the worst year in living memory for the ferry and cruise industry, has garnered support from your reinsurers to provide flexible renewal terms, with the aim of minimising the cost of compliance to your members at this particularly difficult renewal.
Please read more here.