Kish P&I Club was founded by a group of Iranian owners on Kish Island
which is located off the Persian Gulf. The Club Directors, who are from
different fields of marine industry, have pooled their financial eligibility
into a club to indemnify their liabilities within international and different
ports' jurisdictions or territorial waters. The Club entry includes foreign
going tankers and cargo ships of various sizes with excellent loss records.
The Iranian shipping companies, which are participating in the formation
of the Club, are among well- known carriers of wet and dry cargoes.
The Club managers concentrate mainly on the Loss Prevention issues. The
main goal of the Club management is to reduce the possibility of recurrence of
the incidents, which have resulted in raising loss claims within the insured
The Club is capable of covering the shipowners’ liabilities up to USD
500,000 and has reinsured their liabilities above USD 500,000 up to USD
1,000,000,000 within Iranian Insurance Market which is headed by the Central
Insurance of Iran.
We offer cover layers according to the following schedule:
layer – the Club retention layer pays USD 500,000 for each accident or
layer - reinsured by consortium of Iranian Insurers headed by Central Insurance
of Iran and pays up to USD 1,000,000,000 for each accident or occurrence.
Central Insurance of Iran
Central Insurance of Iran was established in 1971 by the Act of Parliament
of Iran for the purpose of regulating, expanding and guiding insurance industry
in Iran. One of the main activities of the Central Insurance of Iran is to
affect reinsurance for their customers as needed. The Central Insurance of Iran
also leads and supervises insurance companies’ activities in order to assure a
reliable insurance market in Iran.
Kish P&I Club was established by the support of Iranian reinsurance market
and Central Insurance of Iran and operates well within a safe and secure
insurance market environment within the field of marine insurance. For more
information regarding Central Insurance of Iran, please visit: