The question of whether the International Group should broaden its horizons from being the organisation that holds the protection-and-indemnity cartel together was on the agenda at the Piraeus Marine Club’s annual conference.
The P&I clubs are wealthy organisations, so should they take on a greater role in representing shipowners and the shipping industry on the international stage?
The London-headquartered International Group is already involved in representation and lobbying but keeps its focus on activities relevant to the insurance operations of the clubs as well as running the collective claims pool and coordinating the buying of the huge reinsurance programme that stands behind the billions of dollars of...
