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Joint War Committee updates War Listed Areas on 3rd March 2026
On the 3rd March 2026, the Joint War Committee has revised the Hull War, Piracy, Terrorism and related Listed Areas to JWLA-033, with the following change
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NorthStandard Coastal and Inland Club announces 5% increase for 2026
The Coastal and Inland Club has decided to impose 5% increase in premium rates for the 2026 renewal on Mutual and Fixed P&I Premiums to address inflationary...
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NorthStandard Strike & Delay Class declares 5% increase for 2026
The Club remains in a robust financial position, and will continue to take a prudent approach in a volatile risk environment, with a 5% increase on rates...
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At a glance – 2026/2027 P&I Renewals
Unless specifically mentioned the following is in respect of the Mutual P&I entries and excludes FD&D, fixed premium entries and charterer’s liability.
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Britannia targets 5% increase and return USD15 million in capital distribution
The Board has decided that entries will be reviewed and rates individually based on their risk profile, with a target of 5% minimum increase in rate on...
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Swedish Club announces 5% General Increase for 2026
In response to upwards pressure on claims costs, notwithstanding limited impact of Pool claims on the Club, the Board has decided to apply a 5% General...
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Japan P&I Club announces 5% General Increase for 2026
In consideration to the inflationary costs of claims and the burden of the increasing pool claims, the Club has decided to apply a 5% General Increase...
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American P&I Club targets 8% increase overall for 2026
Whilst the Club has been focusing on Member-specific approach in the recent years, the Board of Directors has mandated an overall target increase of 8%...
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Skuld is targeting a 7.5% overall adjustment on premiums for 2026
In the face of retained claims quantum inflation, and increased costs of pool claims, the Club’s board will seek to address the insufficient premium level...
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West of England announce 5% General Increase for 2026/27
West, like many other Clubs, have highlighted that whilst their own claims for the 2025/26 policy year are within their initial forecast, the incurred...
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Gard will levy an average 5% premium increase for 2026 and confirms 10% OGD
The Club will return 10% of Estimated Total Call to Owners renewing with Gard for the 2026 policy year.
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UK P&I Club sets General Increase at 7.5% for 2026 renewal
The reported pool claims so far in the current Underwriting year are pointing towards a challenging pool year, whilst quantum of attritional claims continue...
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NorthStandard announce a 5% General Increase for 2026/27 policy year
When compared to the 2024/25 policy year, the Club have seen a more benign period for their retained claims in 2025/26 to date. The Club did reiterate...
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London Club announce 6% target rise in premiums for 2026/27
The Club announced a 9% increase in entered tonnage in the first half of the year, which was mainly attributed to existing Members entering additional...
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Shipowners’ Club calls for 5% General Increase for 2026 & announce new CEO
The Board observed that prior years continue to develop ahead of budget, at the same time as Pool Claims are at a high level. In order to address the imbalance...
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Steamship Mutual opens the 2026 renewal season with 8% General Increase
The Club highlighted a number of difficulties in 2025 as they head into the 2026 policy year. There has been a second successive year of high pool claim...
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Gard announce 10% Owners General Discount and 4% target premium rise for 2025/26 renewal
Gard have released their 2025/26 renewal circular which targets a 4% premium increase on ETC and reveals a 10% OGD for Members renewing with the Club,...
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At a glance – 2025/2026 P&I Renewals
Unless specifically mentioned the following is in respect of the Mutual P&I entries and excludes FD&D, fixed premium entries and charterer’s liability.
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American Club announce 7% target rise in premiums for 2025/26
The American Club have announced no GI this year with rates being adjusted based on Member’s records, but subject to a target 7% rise overall for all main...
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