Gard has announced a 2.5% general increase on their Advanced Call, with the Deferred Call remaining at 25% for both P&I and FD&D.  Any changes to IG Reinsurance costs will be charged in addition to the GI.

In addition, deductibles below the standard deductibles set out in the Rules will be increased by USD1000.

Release Call percentages for open P&I policy years were set as follows:

2016/7 – 20%

2015/6  – 20%

2014/5 – 5%

2013/4 – 5%

The Club’s full circular can be found here or on their website.