The Strike Club 2016 General Increase announced
The Strike Club, now managed by Charles Taylor (managers of the Standard Club), have announced a 10% General Increase for all three Classes of cover for the 2016 policy year.
In addition, Club has advised members to budget for increased Closing Calls on the open years as follows:
Classes I & II (shore-related risks):
2015/6 – 30% (increased from 20%)
2014/5 – 35% (increased from 30%)
Class III (ship-related risks)
2015/6 – 30% (increased from 20%)
2014/5 – 25% (increased from 20%)
Release Calls have also increased for all Classes to 20% above these budget levels for policy years 2015/6 and 2016/7 and 10% above these budget levels for 2014/5.
The Club’s full circular can be found here or on their website.