The UK Club announces 10% GI for 2021
The Board of the UK Club has decided to set the General Increase for 2021 P&I entries at 10%, in order to address the premium deficit.
Any change in the IG reinsurance costs will be passed on to Members as per usual.
Release calls:
2018:5%
2019: 10%
2020: 15%
2021: 20%
Full details of the Club’s circular is available on their website.