国内水路货物运输规则-TheStandardClub.PDF

Shanghai Seminar 19 July 2016 @StandardPandI The Standard PI Club Club update Nick Taylor, Regional Underwriting Director Charles Taylor Mutual Management (Asia) Pte Ltd 19 July 2016 Introduction to The Standard Club • A leading International Group PI club, established in 1884 and now insuring over 10% of global shipping across all major markets • Industry-leading service, a track record of financial security, and a selective, conservative approach to growth • 2015/16: overall underwriting profit for the financial year, steady growth, launch of The Standard Syndicate and the Singapore War Risks Mutual • A broad range of PI and other marine and energy covers, offering sustained excellent value to high-quality operators 3 Overview of the club: key financials Selective growth; breakeven underwriting; strong balance sheet Total tonnage Owned tonnage Premium income Combined ratio 138m gt 116m gt $322m 95% 20 February 2016 20 February 2016 Projected 2016/17 2015/16 +2.5% + 3.6% $354m 100% 20 Feb. 2015 – 20 Feb. 2016 20 Feb. 2015 – 20 Feb. 2016 2015/16 2014/15 Investment return Surplus Free reserves SP rating -0.9% 2015/16 financial year $390 A (strong) 2015/16 financial year $10m 20 Feb 2016 AAA capital strength 1.8% $12m $380m Affirmed June 2016 2014/15 financial year 2015 financial year 20 Feb 2