London P&I Club set General Increase at 10% for 2021

The Club’s Board has set the General Increase at 10% for renewals of their P&I and FD&D classes in February 2021, and will review individual entries for further adjustment as necessary.

All P&I deductible will increase by at least USD2,000, and more depending on individual records.

Release calls are updated as follows:

2018/19: 5% for P&I and FD&D

2019/20: 12.5% for P&I and FD&D

2020/21: 15.0% for P&I and FD&D

Full details are available in the Club’s circular