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 and Tokyo
COMPARE CLUB DATA
|
2017-18 |
2018-19 |
2019-20 |
2020-21 |
2021-22 |
| General Increase on ETC |
0.00 |
0.00 |
0.00 |
7.50 |
5.00 |
| Percentage called of ETC |
100.00 |
100.00 |
100.00 |
100.00 |
100.00 |
| Release calls latest estimate |
0.00 |
5.00 |
12.5 |
12.5 |
15 |
| Owned GT (Millions) |
84.3 |
84.6 |
85.6 |
88.4 |
96.0 |
| Chartered GT (Millions) |
66.7 |
73.5 |
74.5 |
68.1 |
81.0 |
| Combined GT (Millions) |
151.0 |
158.1 |
160.1 |
156.5 |
177.0 |
| Total Call Income (US$ Millions) |
294.1 |
282.1 |
281.7 |
259.0 |
n/a |
| Free Reserves (US$ Millions) |
516.0 |
467.1 |
515.4 |
511.1 |
n/a |
| Combined Ratio |
102.73 |
106.61 |
119.67 |
127.15 |
n/a |
| Investment Yield |
3.25 |
1.43 |
5.59 |
4.50 |
n/a |
NOTES
Call Structure: 100% Estimated Total Calls
Key Development Statistics
PY 2020-21 Tonnage
As per Policy Year 2020-21
| Owned GT (Millions) |
88.4 |
| Market Share of Owned GT |
6.63% |
| Chartered GT (Millions) |
68.1 |
| Combined GT (Millions) |
156.5 |
| Free Reserves (US$ Millions) |
511.1 |
| Total Call Income (US$ Millions) |
259.0 |
| Free Reserves per Combined GT (US$) |
3.3 |
| Total Call Income per Combined GT (US$) |
1.65 |
| Free Reserves to Total Call Income Ratio |
197% |
| Current 5-year average combined ratio |
112% |
| Current 5-year average investment yield |
3.48% |
| Last Unbudgeted Call |
2008 |
| Last Return of Call |
2019 |
| Europe | 40.00% |
|---|
| Asia Pacific | 39.00% |
|---|
| Americas | 17.00% |
|---|
| Rest of the World | 4.00% |
|---|
| Bulkers | 35.00% |
|---|
| Containers / General Cargo | 27.00% |
|---|
| Offshore | 0.00% |
|---|
| Passengers | 11.00% |
|---|
| Tankers / Gas Carriers | 24.00% |
|---|
| Others | 3.00% |
|---|
| % of Owned GT | 56.49% |
|---|
| % of Chartered GT | 43.51% |
|---|
COMPARE CLUB DATA
