By Maritime Fairtrade
The London P&I Club has concluded the 2026 renewal season with another positive outcome, reflecting a continued focus on sustainable growth, underpinned by underwriting discipline, portfolio quality and personal service-led relationships with Members and Assureds.
The Club recorded year-on-year growth of 14.5% in mutual tonnage, increasing entered tonnage to 56.7 million gt and obtaining its targeted premium increase for renewing business. These outcomes were achieved against a backdrop of continued solid financial performance, with emphasis on premium adequacy and prudent risk selection.
The renewal result was driven primarily by organic development within the existing membership, with Members and Assureds adding significant tonnage during the policy year, reflecting a true vote of confidence in what the London Club has to offer. The Club also welcomed several new Members, strengthening its presence in established markets while also enjoying very high levels of retention.
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