EuropeFinance and Insurance
Britannia and UK P&I Clubs in merger discussions
The boards of the Britannia Club and the UK P&I Club, two of the oldest P&I clubs in the world, are in merger discussions.
“The boards of the clubs will now begin a process to determine whether the merger is possible and delivers appropriate benefit to their respective memberships,” the pair said in a release today.
The talks are concurrent with discussions between their managers, Thomas Miller and Tindall Riley, which would also lead to a merger of the respective businesses should the clubs decide to merge.