Japan P&I Club announces nil General Increase for 2017
The Japan P&I Club has announced they will be seeking nil General Increase for the Advanced Call for the 2017 policy year, with the Supplementary Call remaining at 40% of the Advanced. FD&D entries will also be subject to a nil General Increase.
In addition, the Club has updated the Release Calls on open years as follows:
2017 – 45%
2016 – 45%
2015 – 15%
2014 – 5%
The Club has not made any changes to deductible levels.
The full circular can be found here.