Reduction in the IG Excess Reinsurance Programme for 2015

Negotiations have been finalised for the International Group General Excess of Loss reinsurance contract and the favourable Pool claims experience for 2012, 2013 and 2014 policy years, have enabled the group to achieve rate reductions: minus 8.11% for clean and dirty tankers minus 6.05% for dry cargo vessels and no increase for passenger vessels and chartered entries. The Clubs apart from ...

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Our (very concise) View on P&I and H&M for 2015

We were kindly asked by Tradewinds to give a short overview of how we see the H&M and P&I market in 2015.  Here’s what we said in Tradewinds 9 January 2015 edition: “P&I The main themes for 2015 are diversification, regulatory effects, fixed premium and the Nairobi Convention.  Diversification of IG Clubs’ product base continues, the latest being Standard Syndicate ...

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