CLAVE 1 / 4China P&I Club has submitted a formal application to join the International Group of P&I Clubs, the first mainland Chinese insurer to seek membership.
CLAVE 2 / 4The International Group confirmed receipt of the application on October 13 and will assess it over the coming months.
CLAVE 3 / 4If successful, China P&I would become the group’s first mainland Chinese member, covering 104.8m gt across 2,199 vessels.
CLAVE 4 / 4The move follows China P&I’s push to internationalise, including P&I calls paid in renminbi and the launch of a Hong Kong mutual last year.
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