Annual Review

Annual Review 2017The Annual Review provides commentary on the Club's activities for each financial year to 20 February.

The latest Annual Review includes an update from North's Chairman in addition to a governance & compliance review, a financial review, an operational review and an overview of industry issues.


  • 5% premium return
  • AAA capital strength
  • US$431m free reserves
  • US$429m gross premium income
  • 2.8% investment return
  • 7% controlled membership growth
  • 96% combined ratio
  • 99% membership retention rate
  • 190 million GT of owned and chartered tonnage worldwide

Annual Reviews are in PDF format. You will need Acrobat Reader to view these files.

Download North's Annual Review