The International Group have announced the finalised Group Excess of Loss (GXL) reinsurance structure and pricing for the 2025/26 policy year.

On 9 December 2024 S&P announced a revised credit rating for Britannia of A- (stable), down from A (negative outlook) previously. The reasoning for...

Unless otherwise stated, combined ratios refer to the policy year 20 February 2024 to 20 February 2025.

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...

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...

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...

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...

The reported pool claims so far in the current Underwriting year are pointing towards a challenging pool year, whilst quantum of attritional claims continue...

The Club will return 10% of Estimated Total Call to Owners renewing with Gard for the 2026 policy year.

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...

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%...

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...

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...

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...

The International Group have announced the finalised Group Excess of Loss (GXL) reinsurance structure and pricing for the 2026/27 policy year. The structure...

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.

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.

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...