Emergency Contact Half Year Report 2023 Home Latest updates Publications Half Year Report 2023 14 Sept 2023 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 2023. The Club has reported a combined ratio of 98.5% which was in line with budget. The underwriting result of a US$ 1.8m surplus has been driven by 6% growth in earned income compared to the first half of 2022. Financial Summary Underwriting surplus US$ 1.8m (June 2022: surplus US$ 4.3m) Combined ratio 98.5% (June 2022: 96.2%) Gross earned premiums US$ 137.0m (June 2022: US$ 129.5m) Total Members 8,672 Total gross tonnage 29.9m Total vessels 34,424 Capital and free reserves US$ 368.9m (December 2022: US$ 337.4m) Click  here  to view the Half Year Report 2023, 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