World's Largest Mutual Marine Insurer Formed

Thursday, May 27, 1999
The world's largest mutual marine insurer -- or Protection & Indemnity (P&I) Club -- is set to be created this summer after a management company acquisition. The manager of the Standard P&I Club reportedly will acquire the manager of the Britannia Club -- the third largest club -- with the intention of merging the two clubs.
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Kintetsu World Express Acquires NOL's APL Logistics Shares

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