North of England announces 7.5% GI for 2020 renewals
The Board of the Club has decided that a 7.5% general increase on P&I and FD&D premium is necessary for 2020 policy year to address the premium erosion and increased claims environment.
The Circular doesn’t make reference to any particular uplift in standard deductibles.
The Club’s circular is available on their website as well as the Pre-renewal report.