(www.MaritimeCyprus.com) For the Maritime industry, February revolves around protection and indemnity rather than Valentine's day. Every year, P&I policies renew on February 20th for a reason that remains a mystery to many.
(www.MaritimeCyprus.com) For the Maritime industry, February revolves around protection and indemnity rather than Valentine's day. Every year, P&I policies renew on February 20th for a reason that remains a mystery to many.
Why don’t P&I renewals coincide with the calendar year, or renew randomly throughout the year like other policies? The answer goes back hundreds of years.
P&I Clubs
P&I clubs were originally formed in the
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