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Image header Agence Europe
Europe Daily Bulletin No. 10670
Contents Publication in full By article 24 / 25
SECTORAL POLICIES / (ae) transport

Cruise industry pleased P&I Clubs are exonerated

Brussels, 03/08/2012 (Agence Europe) - On Friday 3 August, the European Cruise Council (ECC) welcomed the decision by the European Commission to close its review of the activities of the International Group of P&I Clubs (see EUROPE 10668). P&I Clubs are mutual non-profit-making associations which provide Protection and Indemnity insurance, a type of direct marine insurance. The Commission opened an antitrust investigation into the group in August 2010. It recently decided to close the...