uk-pi-tt-club

Freight insurers vote to join forces

Members of the UK P&I Club and the TT Club have voted in to merge the two organisations and create the first transport mutual insurer for the entire cargo supply chain covering maritime, logistics, ports and terminals. The merger will take effect from 20 February 2027, subject to regulatory approvals. UK P&I Club insures more than 250 million tonnes shipping while TT Club insures 80% of the world’s container fleet and ... [+]