Britannia P&I Club announces 2010 general increase
Tagged: P&I
The Britannia P&I Club has announced they will be seeking an Advanced Call increase of 5% for the 2010/2011 year with Members being advised to budget for a 40% Deferred Call. The increase in Advanced Call is before any changes in the International Group Reinsurance rating and individual Member’s loss records.
In addition, the 2006/7 year has now been closed without any further Calls. The Club will review the 2007/8 year in twelve months’ time and expects to close it at that point. The 2008/9 year Deferred Call of 40% will be debited in October 2009 (25%) and October 2010 (15%).
For a full copy of the Club’s announcement, please contact FP Marine Risks.
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