Steamship Mutual announces nil General Increase for 2019

Steamship Mutual has announced a nil General Increase for the 2019/20 year and the Club will make a capital distribution of 10% of premium paid for Class 1 P&I mutual entries in the 2018/19 policy year, in respect of vessels whose entries are renewed for the 2019/20 policy year.

The Club has reduced Release Calls for P&I and FD&D as follows:

2016/7 – 0%

2017/8 – 0%

2018/9 – 10%

2019/20 – 10%

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