Similarly, the Swedish Club has set a 5% general rate increase for the 2025-2026 policy year, which it described as a proactive measure to address rising claims costs and maintain financial resilience. The club reported a stable mutual P&I portfolio despite a slight overall tonnage decline, with net positive tonnage inflow in the first half of the year.
Related Posts
Insurance news
McGill & Partners, TMK, and Convex unveil TDI facility
McGill & Partners, TMK, and Convex unveil TDI facility
ldoherty26/11/2024
Insurance news
Reinsurance eyes strong growth through 2026 – S&P
Reinsurance eyes strong growth through 2026 – S&P
ldoherty25/11/2024
Insurance news
Report highlights the growing role of secondary perils in insurance claims
Report highlights the growing role of secondary perils in insurance claims
ldoherty22/11/2024