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London P'I Club hits income targets.

Europe Intelligence Wire

| April 01, 2003 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Lloyds List)

Byline: Jerry Frank

MARINE insurer London P'I Club yesterday said its had hit its premium income targets despite a tough year for the sector.

London said that during the P'I renewal completed last month it had emerged with a total fleet entry of more than 30m tons.

'In another difficult year for the P'I sector generally, members once more demonstrated their loyalty to and faith in the Club,' it said in a statement.

Fleet entries, covering all categories of membership, included more than 2m gross tons of newbuildings entered for ...

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