Swedish Club announces 5% GI

The last Club to announce, the Swedish Club, has now joined the pack of Clubs seeking GI for 2020 P&I renewals, albeit at a slightly lower level than the majority, with a 5% General Increase. The Club will also address premium adequacy by reviewing loss records individually. No General Increase will be applicable on FD&D entries. Release Calls are set ...

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Skuld renewal update for 2020/21

Pursuing from their position since 2011, Skuld is not applying General Increase anymore, and renewal terms for 2020 will be solely based on individual Members’ records and performance. However the Club has indicated that some rate adjustments will be necessary, and all deductibles below USD25,000 will be increased by USD2,500 and RDC/FFO deductibles will increase to USD50,000. The Club is ...

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