Latitude Brokers

Swedish Club 2016 General Increase announced

The Swedish Club has announced a nil General Increase for the 2016 policy year for both P&I and FD&D classes with any changes in the GXL Reinsurance programme being passed on to Members. Deductibles will be increased by USD1000 for cargo and crew liabilities. Release calls have not been updated yet. The full circular can be found here or on ...

Latitude completes Sailors’ Society 32 kms trek in gruesome weather conditions

Saturday 5th December: It was a blustery day when the Latitude team assembled at dawn with 34 other teams, for a 32 kms journey along the Hong Kong trail to raise money to support the Sailors’ Society. After 3 months of training in the heat, and under blue skies, the conditions were a shocker ! But Latitude support team had been ...

Latitude goes Jamming with Feeding Hong Kong for Christmas

As part of the festive season, we helped Feeding Hong Kong make 2000 jars of jam to be given out to low-income families in December. The sacks contain a number of homemade items and each jar is personalized by the volunteers! Our own Kay Chan said “I am very glad to be one of the volunteers participating in the jam making session ...

Skuld 2016/7 Renewal Update announced

Skuld will continue to underwrite their 2016/7 policy renewals based on individual Member’s records rather than announcing a General Increase, so their announcement is different to other IG Clubs. They will pass on any changes in the IG GXL Reinsurance costs to Members when they are finalized. However, Skuld have announced their mutual Members will receive a guaranteed premium credit equivalent ...

Latitude Brokers in Sailors’ Society epic 35km hike across Hong Kong on 5th December 2015

BIG thanks to all our Corporate Sponsors who are now emblazoned across our shirts!!! Nepa, Waltons & Morse, India International Insurance, Ironshore, Thomas Miller, Skuld, TT Club, Affinity Shipping LLP, UK P&I Club, RPC, SART and Charterers Club…you’ve put us well on our way to our target of HKD125,000 (around GBP10,000)!! All the Founding Partners will be hiking on 5th December, with ...

Overview of 2016 IG P&I Club General Increases (Final)

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: American Club – 2.5% Britannia – 2.5% Gard – 2.5% Japan – 3% London – 5% North of England – 2.5% Shipowners – 0% Skuld – (not applicable) ...

Japan P&I 2016 General Increase announced

The Japan P&I Club have announced a 3% General Increase on their Advanced Call for 2016, with the Supplementary Call remaining at 40% for mutual entries. The Club are also levying a 5% General Increase on charterer’s entries for 2016. FD&D (both fixed and mutual) will be subject to a nil General Increase. The Board has reduced the Supplementary Call for ...

UK Defence Club announces 2016 General Increase

The UK Defence Club, managed by Thomas Miller, has announced a nil General Increase for 2016. The UK Defence Club is a specialist mutual solely providing FD&D cover for their members on a standalone basis. In addition, the Club is offering for the second year, a Continuity Credit (taken as a reduction from the quoted 2016/7 premium) to existing members ...

American Club 2016 General Increase announced

The American Club, managed by the Shipowners Claims Bureau, has announced a 2.5% General Increase for mutual and fixed P&I entries for 2016. The Club has announced there will be no General Increase on their FD&D Class, both fixed and mutual. Deductibles have been increased as follows: All deductibles below USD10,000 will be increased by USD1000; Crew deductibles shall be minimum ...

Latitude sponsors YPSN Christmas Networking Drinks

We are pleased to support and sponsor the Young People in Shipping Network, Hong Kong, for their Christmas networking this year being held on 16th December in Lan Kwai Fong! YPSN attracts some 250-300 shipping professionals from all areas of the industry in Hong Kong – insurers, operators, freight forwarders, surveyors…and even some of the brokers we compete with too! It’s ...