Liability Risk and Insurance
London P&I Club reports highest ever free reserves
The London P&I Club has reported an overall surplus of $3.6 million for 2010/11, lifting free reserves to $145.1 million,
the highest level in its history. During the year, the Club saw an unusually high number of claims in excess of $1 million.
Investment contributed $24.8 million of income and gains in 2010/11.