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Technical Feature - P&I Clubs - North P&I Club : Treading the waters with caution

Source: Asia Insurance Review | Jan 2010

Although the financial crisis gloom is receding somewhat and mid-year reports from major brokers are fairly optimistic in respect of the coming February renewal for P&I Clubs, Mr Iain Beange, Manager of North’s Singapore office, still remains somewhat cautious. Despite this, the Club will continue its plans to increase its Asian market share by 2.5% to 12.5% in the medium term. He shares with us the Club’s plans going forward.

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