At a glance – 2026/2027 P&I Renewals
Unless specifically mentioned the following is in respect of the Mutual P&I entries and excludes FD&D, fixed premium entries and Charterer’s liability. The headline General Increase numbers are as follows and will be updated as each Club announces – click on each Club’s link to see the full GI announcement. GXL (reinsurance) rate changes are passed on to Members unless ...
Continue ReadingNorthStandard Strike & Delay Class declares 5% increase for 2026
The Club remains in a robust financial position, and will continue to take a prudent approach in a volatile risk environment, with a 5% increase on rates for 2026. Release Calls: 2025/26: 10% 2027/25: 5% Full details are available in the Club’s Circular.
Continue ReadingNorthStandard Coastal and Inland Club announces 5% increase for 2026
The Coastal and Inland Club has decided to impose 5% increase in premium rates for the 2026 renewal on Mutual and Fixed P&I Premiums to address inflationary pressures on claims. In addition all deductibles will be increased by 10% or USD1,000 whichever is greater. The Club will continue to absorb any changes in the cost of the IG GXL reinsurance ...
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