Emergency Contact Half Year Report 2022 Home Latest updates Publications Half Year Report 2022 21 Sept 2022 Sign up for alerts The Shipowners’ Club, the leading P&I insurer in the smaller and specialist vessel sector, has reported financial results for the six months ended 30 June 2022. The Club has reported a combined ratio of 96.2% which was in line with budget. The underwriting result of a US$ 4.3m surplus has been driven by 8% growth in earned income compared to the first half of 2021 and a 2% reduction in overall claims costs. Financial Summary Underwriting surplus US$ 4.3m (June 2021: deficit US$ 0.9m) Combined ratio 96.2% (June 2021: 100.9%) Gross earned premiums US$ 129.5m (June 2021: US$ 119.7m) Total Members 8,262 Capital and free reserves US$ 335.5m (December 2021: US$ 396.4m) Click here to view the Half Year Report 2022, or to view the press release click here. This report is compatible with Google Chrome, Firefox and Microsoft Edge. Below are the interim consolidated financial statements that appear in our report in JPEG format. Click on the image to enlarge and right click to download by selecting ‘Save image as’. Share: Share: Back to top Latest insights 21 Apr 2026 Annual Report 2025 View article Annual Report 2025 23 Feb 2026 年规则 2026 View article 年规则 2026 23 Feb 2026 Regels 2026 View article Regels 2026 Sign up for alerts