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こちら Japan flag を選択して頂くと、言語設定が日本語に切り替わります。設定変更後は以下の機能が利用可能です。

  • 日本語版ウェブサイトへのクイックアクセスが可能となり、日本語の刊行物をご覧頂けます。

  • 日本語版が閲覧可能な刊行物や記事については、日本語が優先表示されます。表示言語については Japan flag をご参照下さい。

閉じる 言語設定を切り替えたい場合には、国旗のマークをクリックして下さい。

By selecting Japan flag, you have now set your language to Japanese. This has several benefits, including:

  • Providing quick access to our Japan page, which collates all our Japanese content in one place.

  • Ensures that content is presented to you in Japanese first, if we have an article, publication or webpage available in Japanese. Look out for the Japan flag indicators across the site.

Close If you’d like to change your language preferences again, simply click on one of the other flags.

点击选择 China flag,可将网站语言设置为中文。这能帮助您:

  • 快速访问我们的中国区页面,该页面将有网站内容的中文汇总。

  • 在我们的文章、出版物或者网页有中文版本提供的情况下,确保首先向您展示的是中文版本的内容。您可关注站点上的 China flag 按键。

关闭 点击任意其他国旗,可切换您的语言偏好。

By selecting China flag, you have now set your language to Chinese. This has several benefits, including:

  • Providing quick access to our China page, which collates all our Chinese content in one place.

  • Ensures that content is presented to you in Chinese first, if we have an article, publication or webpage available in Chinese. Look out for the China flag indicators across the site.

Close If you’d like to change your language preferences again, simply click on one of the other flags.

S&P Affirms North P&I Club’s ‘A’ (stable) Rating Under New Insurers Rating Methodology

Leading ratings agency S&P Global Ratings has affirmed North P&I Club’s ‘A’ credit rating and stable outlook under their new Insurers Rating Methodology.

North was one of only three P&I clubs to have reported an increase in free reserves in 2018/19 and the Club continues to hold capital adequacy above the ‘AAA’ benchmark, a rating strength that S&P expect the Club will maintain over the two-year outlook period.  According to S&P analysts, the ratings outlook reflects North’s continued focus on controlled growth in a difficult market environment and maintaining its competitive position.

Responding to S&P’s latest report, North’s Chief Financial Officer, Ed Davies, said, “We welcome S&P’s report and their recognition of the benefits of exercising discipline under difficult market conditions.  Our careful diversification strategy and our ability to take proactive measures to manage the risk in our investment portfolio are helping us to weather the storm. This in turn ensures that our Members can rely on us and trade with confidence.”

The rating covers North of England Protecting & Indemnity Association Ltd, Sunderland Marine Insurance Co. Ltd and North Protecting & Indemnity DAC, collectively known as North Group as well as North of England Mutual Insurance Association (Bermuda) Ltd.


ENDS

For further information contact: Kim Rogerson on +44 191 232 5221 / kim.rogerson@nepia.com or Nick Arthur on +44 1865 514214 / nick.arthur@blue-comms.com

North P&I Club

North P&I Club is a leading global marine insurer providing P&I, FD&D, war risks and ancillary insurance to over 200 million GT of owned and chartered tonnage. Through its guaranteed subsidiary Sunderland Marine, North is also a leading insurer of fishing vessels, small craft and aquaculture risks. The Standard and Poor’s ‘A’ rated Club is based in Newcastle upon Tyne, UK with regional offices and subsidiaries in China (Hong Kong and Shanghai), Greece, Ireland, Japan, Singapore, USA and Sunderland Marine offices worldwide. North is a leading member of the International Group of P&I Clubs (IG), with over 12% of the IG’s owned tonnage. The 13 IG clubs provide liability cover for approximately 90% of the world’s ocean-going tonnage and, as a member of the IG, North protects and promotes the interests of the international shipping industry. For further information, visit: www.nepia.com

Sunderland Marine

Sunderland Marine provides market-leading fixed premium insurance, with cover and wordings tailored to the needs of individual operators and backed by people with long and successful experience of providing unrivalled service to their customers. Sunderland Marine insurance products are underwritten by North P&I. For further information, visit: www.sunderlandmarine.com

This website, www.nepia.com, is now in archive and will not be updated with new content. The website will remain accessible for a short time as we complete the transfer of relevant content to the new NorthStandard website (north-standard.com).

If you would like to access the ECDIS training assessment app (ETA), you can still register for app access via MyNorth.

Please head to north-standard.com for the latest industry news, expert analysis and publications, club rules and contacts, and access to our newly launched digital tools specifically designed to support your operations.

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