UK Club have announced a 6.5% general increase for the 2025/26 renewal with the Club referencing a reduction in their own claims, compared to previous years, but increased group pool claims and uncertainty for the rest of the 2024/25 policy year. General claims inflation are also referenced with claim values expected to continue rising due to social inflation.
The Club’s investments at the half year mark performed better than forecasted for the full year and it is anticipated these returns will remain positive.
In addition to the GI the Club have mandated a 10% increase in all deductibles below USD 50,000, subject to a minimum rise of USD 1,000.
Release calls have been set as below:
2022/23: 5%
2023/24: 7.5%
2024/25: 10%
2025/26: 15%
The link to the Club’s full circular can be found below:
