Norwegian Hull Club, a multi-line mutual insurer offers Charterers Liability cover up to a limit of USD 500 million.

The vast majority of Norwegian Hull Club's charterer insureds originate from Europe and Asia Pacific.

Charterers Liability premium income reduced by 5.6% to USD 8.5 million, with 1,200 insured vessels, representing a 22.6% reduction from the previous year.

There has been a significant reduction in insureds originating from South America, which now represents 4% of the insured total, down from 17% in 2014 and 24% in 2013.