Steamship Mutual P&I 2016 General Increase announced
The Steamship Mutual P&I Club has announced there will be no General Increase for the 2016 renewal. There will also be no change to minimum deductibles and the Club will pass on changes to the International Group’s Reinsurance costs. Release calls have been updated as follows: 2016/7 – 12.5% 2015/6 – 12.5% 2014/5 – 5% 2013/4 – 2.5% The Club’s ...
Continue ReadingIn the Press, Tradewinds 16th October 2015
Tradewinds article on our MBO announcement and the opportunities this provides us with for the future. Tradewinds 16 Oct 2015 Media contact: Andrew Brooker
Continue ReadingShipowners P&I Club 2016 General Increase announced
The Shipowners Club, P&I specialists in smaller tonnage, have announced that there will be no General Increase again in 2016/7. The Club have not announced any changes to their standard deductibles and there will continue to be no Release Calls. The Club’s announcement can be found here or on their website.
Continue ReadingGard P&I Club 2016 General Increase announced
Gard has announced a 2.5% general increase on their Advanced Call, with the Deferred Call remaining at 25% for both P&I and FD&D. Any changes to IG Reinsurance costs will be charged in addition to the GI. In addition, deductibles below the standard deductibles set out in the Rules will be increased by USD1000. Release Call percentages for open P&I policy ...
Continue Reading