The Lloyd’s List Podcast: Why are three P&I clubs dishing out $80m?
Three of the five International Group affiliates that have announced strategies for the 2024 renewal have included sweeteners totalling more than $80m. But are the payouts as generous as they look? This week’s edition of the podcast offers a deep dive into the P&I landscape at the halfway point in renewal season. Lloyd's list Insurance Editor David Osler take the lead this week, talking to: Jonathan Andrews, chief executive of Steamship Mutual, who was in dialogue with Alex Vullo, a director of leading broker Gallagher; Tom Bowsher, chief executive of West of England; and Thya Kathiravel, chief underwriting officer of Britain’s biggest P&I club, the recently merged NorthStandard.