The Club has announces the following remedial measures to address the declining premium levels:

  • 10% General Increase on P&I premium
  • Crew and other people related claims: Deductibles below USD25,000 to be increased by a minimum of USD2,500
  • Other Deductibles below USD25,000 to be increased by a minimum of USD1,000
  • 5% General Increase on FD&D Premium

Release calls (P&I and FD&D classes) are updated as follows:

2018: 0%

2019: 5%

2020: 15%

2021: 15%

Full details are available in the Club’s circular

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