A.Bilbrough & Co, managers of the London P&I Club, have announced the Club will seek a general increase of 6% in Annual Call Rates for the 2015/6 Policy Years for both mutual P&I and FD&D entries.

The Club will increase P&I deductibles that are below USD15,000 by USD2000, with FD&D deductibles remaining unchanged.

The Club have set Release Calls for the open years for P&I and FD&D as follows:

2012/3 – 5%

2013/4 – 12.5%

2014/5 – 15%

2015/6 – 15%

Full details of the Club’s circular can be found here.