North of England calls for General Increase for 2011 renewal
The Directors have decided to apply a General Increase of 3% to expiring premium rates, and Members with adverse loss records should expect higher increases.
In addition, any increase in the cost of the International Group Excess Loss Reinsurance Programme will also be applied to Members.
All deductibles for P&I Risks currently below USD5,000 will be increased by USD1,000.
Release call is set at 20% for 2010.
The cost of FD&D cover is to increase by 10%. Release call is set at 20% as well.
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