November 2021 / International Group Clubs - 2022 / 23 P&I - FDD Renewals - Skuld and Britannia - Part 4
Dear All,
SKULD
We attach their renewal circular in which they announce a 10% general increase for all mutual classes i.e. owners P&I and FDD entries regardless of the performance of a member.
BRITANNIA
We also attach Britannia’s renewal circular which mentions that rather than announcing a general increase, Club look to achieve an overall increase of 12.5% for P&I and 15% for FDD.
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 |
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|
Britannia |
+12.5% |
Minimum cargo deductibles to $6K crew; $18,5K cargo and $12,5K all others |
|
Gard |
||
|
Japan |
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|
London P&I |
||
|
North.O.E. |
||
|
Shipowners |
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|
Skuld |
+10% |
No change to deductibles |
|
Standard UK |
||
|
Standard Ireland (London Class) |
||
|
Steamship |
+12.5% |
10% increase for which are usd 100,000 or less. |
|
Swedish |
||
|
U.K. |
+12.5% |
No change to deductibles |
|
West.O.E. |
+15% |
Plus 15% on deductibles with a minim of $2,500 applying. |
|
2022 / 23 |
FDD |
NOTES |
|
American |
||
|
Britannia |
+15% |
No change to deductibles |
|
Gard |
||
|
Japan |
||
|
London P&I |
||
|
North.O.E. |
||
|
Shipowners' |
||
|
Skuld |
+10+ |
No change to deductibles |
|
Standard UK |
||
|
Standard Ireland (London Class) |
||
|
Steamship |
+12.5% |
No change to deductibles |
|
Swedish |
||
|
U.K Defence |
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|
West.O.E. |
+15% |
No change to deductibles |
 Britannia 2022 | [ ] | 329 kB |
| Skuld 2022 | [ ] | 221 kB |