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IG P&I Club General Increases for 2017 – Quick View

IG P&I Clubs have commenced to declare their renewal increases for 2017. The below is only related to IG Clubs mutual P&I entries.

The list will be updated when the announcements are made by the remaining Clubs.

American Club - Not announced yet
Britannia - 0% for 2017 and reduced deferred calls on 2014 and 2015
Gard - 0% for 2017
Japan - Not announced yet
London - Not announced yet
North of England - 0% for 2017 and 5% return on 2016
Shipowners – 0%
Skuld – No GI applies
Standard - 0% for 2017 and 5% return on 2016
Steamship - 0% for 2017 and 10% return on 2014
Swedish - Not announced yet
UK - Not announced yet
West of England 0% for 2017

Above list shouldn't be used solely for comparison of the Club's renewal "performance", General Increases are applied to Advanced Call by some Clubs whereas others apply it to ETC, on the other hand, some of the Clubs also apply GI to Group Reinsurance cost, whereas some does not.

Please contact us, if you'd like to review individual Club's renewal circulars or need further details (FD&D, deductible changes etc)

International Group Reinsurance costs have yet to be finalized and will be informed once announced.

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