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December 2017 / International Group Clubs - P&I / FDD Renewals 2018 / 19 - Standard, Gard, UK, London, Steamship

5 of the International Group Clubs, Standard, Gard, UK, London and Steamship Clubs have declared their new year policies which are as follows.  The detailed circulars are also attached hereto.

As usual once the group reinsurance contract is renewed, the difference compared to the previous year (whether up or down) will be reflected on the members agreed renewal premium for 2018.

Below you can find our comparison table of Group Clubs.

 

2018 / 19

P&I

NOTES

American

   

Britannia

   

Gard

0

No change in deductibles.

Japan

   

London

0

US$1,000 increase to deductibles, with an increase of US$2,000 to apply to those involving crew and other persons.

North.O.E.

   

Shipowners

   

Skuld

   

Standard

0

Deductibles for the P&I class by 10% with deductibles below $20,000 increased by $2,000. Club will also return to its members a 5% of their 2017/18 premium.

Standard (London)

   

Steamship

0

No change in deductibles.

Swedish

   

U.K.

0

No change in deductibles.

West.O.E.

   

 

 

 

   

 

 

 

 

2018 / 19

FDD

NOTES

American

   

Britannia

   

Gard

0

No change in deductibles.

Japan

   

London

0

No change in deductibles.

North.O.E.

   

Shipowners'

   

Skuld

   

Standard

0

No change in deductibles.

Standard (London)

   

Steamship

0

No change in deductibles.

Swedish

   

U.K Defence

 

To be declared on the 9th Nov.

West.O.E.