PILOT°
by Latitude Brokers
Historical Data
American Club
S&P rating BBB-. Club Managers: Shipowners Claims Bureau. Operational HQ: New York. Asian Offices: Hong Kong and Shanghai
COMPARE CLUB DATA
|
2017-18 |
2018-19 |
2019-20 |
2020-21 |
2021-22 |
| General Increase on ETC |
0.00 |
0.00 |
0.00 |
n/a |
5.00 |
| Percentage called of ETC |
117.50 |
115.00 |
135.00 |
135.00 |
130.00 |
| Release calls latest estimate |
1 |
n/a |
n/a |
15.00 |
20.00 |
| Owned GT (Millions) |
15.5 |
17.1 |
19.7 |
17.1 |
18.7 |
| Chartered GT (Millions) |
1.1 |
1.5 |
2.2 |
2.3 |
2.0 |
| Combined GT (Millions) |
16.6 |
18.6 |
21.9 |
19.4 |
20.7 |
| Total Call Income (US$ Millions) |
101.1 |
109.9 |
122.2 |
119.8 |
121.1 |
| Free Reserves (US$ Millions) |
77.1 |
82.1 |
95.2 |
91.5 |
83.2 |
| Combined Ratio |
122.67 |
105.94 |
131.90 |
132.90 |
143.60 |
| Investment Yield |
3.13 |
-0.19 |
5.07 |
2.40 |
2.57 |
NOTES
Call Structure: 100% Estimated Total Calls
Key Development Statistics
PY 2021-22 Tonnage
As per Policy Year 2021-22
| Owned GT (Millions) |
18.7 |
| Market Share of Owned GT |
1.36% |
| Chartered GT (Millions) |
2.0 |
| Combined GT (Millions) |
20.7 |
| Free Reserves (US$ Millions) |
83.2 |
| Total Call Income (US$ Millions) |
121.1 |
| Free Reserves per Combined GT (US$) |
4.0 |
| Total Call Income per Combined GT (US$) |
5.85 |
| Free Reserves to Total Call Income Ratio |
69% |
| Current 5-year average combined ratio |
127% |
| Current 5-year average investment yield |
2.60% |
| Last Unbudgeted Call |
2022 |
| Last Return of Call |
1995 |
| Europe | 56.00% |
|---|
| Asia Pacific | 23% |
|---|
| Americas | 18.00% |
|---|
| Rest of the World | 1.00% |
| Bulkers | 35.00% |
|---|
| Containers / General Cargo | 23.00% |
|---|
| Offshore | 0.00% |
|---|
| Passengers | 0.00% |
|---|
| Tankers / Gas Carriers | 29.00% |
|---|
| Others | 13.00% |
| % of Owned GT | 90.34% |
|---|
| % of Chartered GT | 9.66% |
COMPARE CLUB DATA