ABOUT US

Global Service Side by Side

Overview

China Shipowners Mutual Assurance Association (also known as China P&I Club, CPI), 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, CPI upholds and protects the interests of its members in accordance with applicable laws, rules, international conventions, and regulations. CPI is registered as a social organisation at the Ministry of Civil Affairs, PRC and under the operational guidance of the Ministry of Transport, PRC.

CPI has set up China P&I Management Co., Ltd. as its Managers who undertakes day-to-day administration of CPI and established a comprehensive operational structure with its headquarters in Shanghai and regional branches in Beijing, Dalian, Qingdao, Guangzhou, Hong Kong, London, Singapore and Piraeus.

A-A.M.Best

Financial Strength Rating: A- (Excellent) Outlook: Stable

a-A.M.Best

Long-Term Issuer Credit Rating: a- (Excellent) Outlook: Stable

104.8Million GT

Entered tonnage (P&I)

2199Vessels

P&I total entered ships

As at 20 February 2026

Products and Services Member Global Development

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, Mutual H&M, FD&D, Charterers' Comprehensive Cover, War Risks Cover, and Marine Delay Insurance. After over 40 years of experience, it has grown to become a P&I Club with global recognition.

CPI is now the largest P&I insurer in China with over 104 million GT P&I Entered Tonnage, ranking 8th among its global peers. CPI has also achieved significant growth in mutual hull business, now established as one of the leading underwriters in the market.

Meanwhile, CPI has set up a global network of 490 correspondents with long term co-operations located in 145 countries and regions. This highly efficient and responsive network provides Members with immediate and professional assistance in terms of claims handling, loss prevention and compliance. Over the years, China P&I Club has been engaging and developing the best talent and has built a managing and service team with adequate qualification and advanced expertise.

CPI has consecutively received an A.M. Best Financial Strength Rating of A-.

CPI now has more than 200 Members including prestigious shipping and financial leasing companies both at home and abroad, such as China COSCO SHIPPING, China Merchants Group, Fujian Guohang Ocean Shipping, Shandong Shipping, OOCL, Seaspan, Jiangsu Huaxin Ship Management, Ocean Longevity, Yangzijiang Shipbuilding, Nanjing Ocean Shipping, Cheng Xin Ship Management, PIL, SITC, Chinese-Polish Joint Stock Shipping, HTM Shipping, Greathorse, Adora Cruises, BOCOM Leasing, Minsheng Financial Leasing, CMA CGM, Costamare, Alberta Shipmanagement, Wan Hai Lines, Franbo Lines, Zodiac, Winning International Group, and etc.

While focused on providing quality services to existing Members, CPI has also been actively exploring the global market to a point where the proportion of international tonnages has seen steady increases in recent years. Guided by the strategy of “professionalism, market-orientation, internationalisation and digitalisation”, CPI integrates international practices in corporate governance and market development, and strives to provide professional, efficient, high-quality and reliable services to Members worldwide.

Our Story

Organisation

Our organisational structure provides a clear framework for governance and management, from the General Meeting of Members and the Board to the Managers and specialist departments

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