The Norwegian Hull Club (NHC) is set to make a further return of premium even though the marine insurance market is still battling stormy seas.
The club’s shipowner board has approved a 5% return following a profitable 2016, which is expected to result in a surplus in the region of $20m.
The return is subject to approval by the club’s shipowner committee and the annual meeting in June but it is almost certain to get the green light.
It
