The International Group of P&I Clubs was notified of 18 pooled claims in the last policy year estimated to cost an eye-watering $677m in total.

The figure makes 2020 a particularly costly year for pooled claims, according to figures published in Britannia P&I's recently released annual review.

The International Group’s 13 mutual protection and indemnity club members share claims over $10m in a pooled claims system.