No General Increase for London Club for 2017
The London Club will be focusing on individual Members’ record and exposure for 2017/18 renewal, and no General Increase will be set on the P&I and the FD&D entries. The release calls on both classes for 2017/18 is 15%.
Any adjustment to the IG reinsurance costs programme will be applied to the Members in the usual fashion.
The release calls for open policy years have been set as follows:
2014/15: 5% of P&I and FD&D Annual Calls
2015/16: 12.5% of P&I and FD&D Annual Calls
2016/17: 15% of P&I and FD&D Annual Calls
Full details of the Club’s Committee decision are available on their Circular.