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The graph shows the number of claims reported to ITIC for the five policy years to 31st May 2014. Claims are divided into two categories - indemnity and debt collection files. As can be seen, the…

To view the information contained in the Financial Highlights pages of the Year Book please click here.

2,200 MembersWorldwide insurance coverUS$ 52 million gross premiumUS$ 128 million free reservesUS$ 80 million continuity credits paid to Members over the last 18 years Annual premium from…

One of the many roles of an ITIC executive is to get out and about, to see members, attend conferences, provide seminars and more recently to become involved in some of the charity causes we come…

New business We are now seeing a variety of transport professionals as members, particularly from the offshore and aviation industries. The 2014 ITIC underwriting year has been extremely positive.…

The need to interpret and comply with a range of environmental regulations is a growing feature of transportation businesses. The claims environment remains favourable. The number of reported claims…

To view the information contained in the Financial Highlights pages of the Year Book please click here.

Dear Members  The good news to report on the last financial year of 2014/15 is the continued improvement in the level of claims. The investment return of 4.5%, whilst lower than last year which…

Dear members The good news to report for the financial year 2015/16 is a combined surplus from both ITIC and its mutual reinsurer, TIMIA, of US$9.0m, largely due to an improvement in current and…

Income is a major consideration in the underwriting of the majority of ITIC members. Many companies are currently suffering during the current depressed markets. With members declaring substantially…