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P&I Club General Increases 2020

  • Publish Date: Posted over 2 years ago
  • Author:by Carlie Grainger

With the common P&I renewal date for around 85% of the worlds fleet being on the 20th February, renewals are well and truly underway, or not, depending on the individual Clubs renewal tactics.

Please find the following General Increase Announcements for 2020-21 at a glance after the Clubs announce their Boards’ deliberated requirements for the forthcoming renewal for all International Group Clubs. Further details of general increase requirements for premium and/or deductibles, any changes to premium calling structure and other notified changes for the new policy year can be found by following the link to the Club circulars.

 

Club

P&I General
 Increase

 Website Link

Britannia P&I

0.0%

 https://britanniapandi.com/publication/protection-and-indemnity-class-3/

Gard

0.0%

 http://www.gard.no/Content/28637020/MemberCircular_8_2019.pdf

Japan P&I Club

7.5%

 https://www.piclub.or.jp/en/news/30031

North of England

7.5%

 https://www.nepia.com/about-us/who-we-are/financial-strength/mid-year-review/

Skuld

0.0%

 https://www.skuld.com/about/-/circulars/2019/renewal-update-i-for-policy-year-202021/

Standard Club

7.5%

 https://www.standard-club.com/media/3167925/22-october-2019-standard-uk-circular-financial-position-open-policy-years-and-renewal-2020.pdf

Steam Ship Mutual

7.5%

 https://www.steamshipmutual.com/Circulars-London/L.335.pdf

The American Club

0.0%

 https://www.american-club.com/files/files/cir_36_19.pdf

The London P&I Club

7.5%

 https://www.londonpandi.com/knowledge/circulars/5574/

The Ship Owners Club

5%

 https://www.shipownersclub.com/renewal-2020-2021/

The Swedish Club

5%

 https://www.swedishclub.com/news/press-releases/the-swedish-club-announces-5-percent-general-increase

UK P&I Club

7.5%

 https://www.ukpandi.com/fileadmin/uploads/uk-pi/2019/UK_Circular_14-19_-_Autumn_update_and_2020_renewal.pdf

West

2.5%

 https://www.westpandi.com/Publications/Notice-to-Members/2019-2020/Class-1-(P-I)-and-Class-2-(FD-D)-Renewals-2020-202/