Coastal and Inland class (C&I) have broken a 14 year streak of no General Increase and announced a 6.5% rise in P&I premiums for the 2025/26 policy year. This is 1.5% higher than the GI announced by the main Club and follows a difficult year for the class who were hit by their first ever pool claim. Following 14 years of no GI it is of no surprise that they referenced claims inflation as being a key reason behind the need to the rise.

In addition to a General Increase in premium C&I have announced a need to increase deductibles across the board. RDC and FFO deductibles are to rise by EUR/USD 5,000 or 20%, whichever is the greater, with all other deductibles bearing a USD 1,000 or 10% rise, whichever is the greater.

FDD premiums will rise in accordance with the main Club’s renewal circular, where a 5% GI was announced. Deductibles were maintained ‘as expiring’.

As always, entry in C&I class will not be subject to release calls.

The full circular can be viewed below:

Coastal & Inland 2025 Renewal | NorthStandard | Marine Insurance

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