London P&I Club will not seek any General Increase for 2018 renewal
The London P&I Club, managed by A. Bilbrough & Co, has announced they will be seeking a nil General Increase for the 2018/9 policy year in both P&I and FD&D classes.
There will be an increase in deductibles of USD2000 for crew/people claims and USD1000 for all other deductibles.
The Release Calls for open years have been amended to the following for P&I and FD&D:
2015/6 – 5%
2016/7 – 12.5%
2017/8 – 15%
The Club’s full Circular can be found here.