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October 2021 / International Group Clubs - 2022 / 23 P&I - FDD Renewals - UK Club - Part 2

Dear All,

UK Club’s circular is attached and brief notes are mentioned in our table below.  Club has decided to ask for 12.5% for mutual P&I entries after a review of their financial position. UK Defence Club has not yet announced their strategy.

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 unless specified otherwise.

Below you can find our comparison table of Group Clubs.

 

2022 / 23

P&I

NOTES

American

   

Britannia

   

Gard

   

Japan

   

London P&I

   

North.O.E.

   

Shipowners

   

Skuld

   

Standard UK

   

Standard Ireland (London Class)

   

Steamship

   

Swedish

   

U.K.

+12.5%

No change to deductibles other than

West.O.E.

+15%

Plus 15% on deductibles with a minim of $2,500 applying.

     
     
     

2022 / 23

FDD

NOTES

American

   

Britannia

   

Gard

   

Japan

   

London P&I

   

North.O.E.

   

Shipowners'

   

Skuld

   

Standard UK

   

Standard Ireland (London Class)

   

Steamship

   

Swedish

   

U.K Defence

   

West.O.E.

+15%

No change to deductibles

 

Attachments:
Download this file (UK2022.pdf)UK P&I Club 2022[ ]725 kB