NorthStandard’s Coastal and Inland Class announces no General Increase on mutual entries for the 14th consecutive year. 10% increase to apply to fixed premium entries.
In addition to confirming no General Increase to apply to the Club’s mutual entries Coastal and Inland have also confirmed that any international group reinsurance increases will be absorbed by the class. Deductibles will however be reviewed on a case by case basis.
For Members entered on a fixed premium basis a 10% premium increase will apply.
No release calls will apply for any open policy year.
Full details of the Coastal and Inland’s position is available in the Class Circular.