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, thanks to the Club’s continued strong financial position. This is the 16th year in a row that capital has been returned to their mutual Members.
The 4% target premium does not appear to be a traditional General Increase and has been described as an ‘average 4 percent premium increase’. GXL rate adjustments will continue to be passed on to Members and those with adverse records will be individually assessed.
Release calls have been set as below:
2022 – 5%
2023 – 5%
2024 – 10%
2025 – 10%
The full circular can be found below:
