PILOT°
by Latitude Brokers
Historical Data
Steamship Mutual
S&P rating A. Club Manager: Steamship Mutual Management (Bermuda) Ltd. Operational HQ: London. Asian Offices: Hong Kong & Singapore
COMPARE CLUB DATA
|
2014-15 |
2015-16 |
2016-17 |
2017-18 |
2018-19 |
2019-20 |
| General Increase on ETC |
10.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Percentage called of ETC |
90.00 |
90.00 |
100.00 |
100.00 |
100.00 |
100.00 |
| Release calls latest estimate |
0.00 |
0.00 |
0.00 |
0.00 |
10.00 |
10.00 |
| Owned GT (Millions) |
68.7 |
74.3 |
77.8 |
84.3 |
84.6 |
85.6 |
| Chartered GT (Millions) |
45.0 |
46.0 |
51.2 |
66.7 |
73.5 |
74.5 |
| Combined GT (Millions) |
113.7 |
120.3 |
129.0 |
151.0 |
158.1 |
160.1 |
| Total Call Income (US$ Millions) |
300.7 |
290.0 |
300.5 |
294.1 |
281.3 |
n/a |
| Free Reserves (US$ Millions) |
376.2 |
440.3 |
510.3 |
516.0 |
467.1 |
n/a |
| Combined Ratio |
86.36 |
101.58 |
102.13 |
107.96 |
118.42 |
n/a |
| Investment Yield |
1.80 |
-0.24 |
2.63 |
3.25 |
1.43 |
n/a |
NOTES
Call Structure: 100% Estimated Total Calls
Key Development Statistics
PY 2018-19 Tonnage
As per Policy Year 2018-19
| Owned GT (Millions) |
84.6 |
| Market Share of Owned GT |
6.72% |
| Chartered GT (Millions) |
73.5 |
| Combined GT (Millions) |
158.1 |
| Free Reserves (US$ Millions) |
467.1 |
| Total Call Income (US$ Millions) |
281.3 |
| Free Reserves per Combined GT (US$) |
3.0 |
| Total Call Income per Combined GT (US$) |
1.78 |
| Free Reserves to Total Call Income Ratio |
166% |
| Current 5-year average combined ratio |
103% |
| Current 5-year average investment yield |
1.77% |
| Last Unbudgeted Call |
2008 |
| Last Return of Call |
2019 |
| Europe | 37.00% |
|---|
| Asia Pacific | 40.00% |
|---|
| Americas | 18.00% |
|---|
| Rest of the World | 5.00% |
|---|
| Bulkers | 37.00% |
|---|
| Containers / General Cargo | 25.00% |
|---|
| Offshore | 0.00% |
|---|
| Passengers | 12.00% |
|---|
| Tankers / Gas Carriers | 23.00% |
|---|
| Others | 3.00% |
|---|
| % of Owned GT | 53.51% |
|---|
| % of Chartered GT | 46.49% |
|---|
COMPARE CLUB DATA
