The Japan P&I Club has decided that no general increase will be applied on P&I and FD&D entries, and that premium will be adjusted according to their individual loss record.

Release calls and supplementary calls for the open policy years are updated as follows:

2016/17: 5% release call, no further supplementary call

2017/18: 5% release call, 40% estimated supplementary call due

2018/19: 45% release call, 40% estimated supplementary call

2019/20: 45% release call, 40% estimated supplementary call

Full details of the Club’s decisions for 2019 renewal are available in their circular.

 

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