A run of large claims dented the performance of the United Kingdom Mutual Steamship Assurance Association through the first half of this year.
The outcome means that members of the UK Club face a relatively large 6.5% general increase at the February renewal of protection-and-indemnity (P&I) cover.
The UK Club made a marginal surplus of just $1m, mostly as a result of estimates on claims incurred in 2013 being raised.
The
