December 2018 - Latitude Brokers

Festive Christmas drinks for a good cause, with the West of England

Continuing for the 4th year with what is now an industry tradition, West of England and Latitude Brokers hosted festive drinks with industry partners to raise funds in support of Feeding Hong Kong. P&I Clubs, lawyers, surveyors, brokers gathered in a casual and friendly spirit on 13 December around the West of England’s Christmas tree, to share a glass or ...

At a Glance – 2019/20 P&I General Increase

The following is solely 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 or use for real time data comparison: American Club – 0% for ...

Japan P&I Club confirms Nil General Increase

The Japan P&I Club has decided that no general increase will be applied on P&I and FD&D entries, and that premium will be adjusted according to their individual loss record. Release calls and supplementary calls for the open policy years are updated as follows: 2016/17: 5% release call, no further supplementary call 2017/18: 5% release call, 40% estimated supplementary call ...

The Swedish Club announces Nil General Increase for 2019 renewal

The Club’s board anticipates the current underwriting year to be in balance and therefore to continue supporting their Members, they have advised that no general increase will be sought for 2019 P&I renewal. They want to ensure however that premiums are commensurate with exposure, and therefore Members’ premium will be adjusted according to individual exposure. The Club’s release calls remain ...