The fleet insured by the 13 International Group clubs has risen by nearly 4% over the past year to 1.15 billion gross tons — an increase of more than 50% over the past decade.

International Group chairman Hugo Wynn-Williams points to the record tonnage in the annual review as “a testament to the continuing attractiveness and efficiency of the mutual system in delivering the best solutions for shipowners’ protection-and-indemnity (P&I) needs.