American Club has set a minimum 12.5% General Increase for policy year 2022/23. Any uplift in the cost of the Club’s own, whole-account reinsurances for 2022 will also be adjusted separately, and in addition to, the minimum increase. Premium (call) to release will be charged as an additional margin of 20% of estimated total premium…
The post American Club sets minimum 12.5% General Increase, no automatic deductible increase appeared first on Insurance Marine News.
Author: Capt. John