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Insurance Deductibles News

15 Feb 2013

North P&I Club Launches Post-Repatriation Medical Scheme

The ‘A’ rated, 170 million GT North P&I club has launched a new scheme to help its members ensure their Filipino crew members receive the most efficient, high quality treatment when repatriated to the Philippines as a result of injury or illness at sea. A clinic in Manila has been appointed to operate the scheme, which should also help shipowners avoid being billed for unnecessary treatments which they are not legally or contractually responsible for. In North’s experience, seafarers repatriated to the Philippines are frequently diagnosed as having numerous ancillary complaints which are either pre-existing or otherwise incidental to the medical condition they were sent home to recover from.

05 Nov 2003

SEACOR SMIT Announces 3Q Results

SEACOR SMIT Inc. announced net earnings for the third quarter ended September 30, 2003 of $2.9 million, or $0.15 per diluted share, on operating revenues of $103.2 million. For the nine months ended September 30, 2003, net earnings were $13.7 million, or $0.71 per diluted share, on operating revenues of $305.3 million. For the third quarter ended September 30, 2002, net earnings were $21.3 million, or $1.02 per diluted share, on operating revenues of $102.1 million. For the nine months ended September 30, 2002, net earnings were $44.9 million, or $2.16 per diluted share, on operating revenues of $303.5 million. For the quarter ended June 30, 2003, net earnings were $6.4 million, or $0.33 per diluted share, on operating revenues of $105.2 million.