CPI Services

China Shipowners Mutual Assurance Association (also known as China P&I Club, CPI or the Association), founded in Beijing on 1 January 1984 under the approval of the State Council of the People's Republic of China, is a non-profit mutual marine insurance organization. The Association safeguards the prestige and interests of its members under the law... s and regulations of China, as well as the applicable international laws and practices. The Association is registered as a social organization at the Ministry of Civil Affairs in accordance with regulations of the State Council, and under the supervision and operational guidance of the Ministry of Transport of China. China P&I Club provides its members with a package insurance solution, which includes one-stop claims handling service and a variety of insurance products such as P&I, Hull & Machinery, FD&D, Charterers Liability Covers and War Risks. Over the past 37 years, the Association has become an internationalised P&I Club with 186 members and over 70 million GT P&I Entered Tonnage. Members include China COSCO Shipping Corporation Limited, China Merchants Group, Fujian Guohang Ocean Shipping, Shandong Shipping, Seaspan, Ocean Longevity, Nanjing Ocean Shipping, Cheng Xin Ship Management, Jiangsu Huaxi Ship Management, Greathorse, HTM Shipping, Chinese-Polish Joint Stock Shipping , SITC , IMC Group, OOCL, PIL, Winning International Group, etc. China P&I Club is the largest P&I insurer in China and ranks 10th among its global peers in terms of total entered tonnage (GT). The Association's marine hull business has also achieved significant growth after 22 years, owing to a successful one-stop service concept and reputation built throughout the years, the Association has now become one of the leading underwriters in China's marine hull market. The Association completed its functional transfer to Shanghai and set up its management company - China P&I Management Co., Ltd. in 2017. China P&I Club now has a comprehensive operation configuration with its headquarter and ...Read More