IG reinsurance programme is finalized – shipowners see average 5.8% increase

Capt. John

The International Group (IG) Pooling and Group Excess of Loss Reinsurance contract (GXL) structure for the 2023/24 Policy Year has now been finalized. The Group said that to date it had experienced a benign Pool claims environment for the 2022/23 Policy Year. However, there had been some deterioration in prior years, while Hurricane Ian and…

The post IG reinsurance programme is finalized – shipowners see average 5.8% increase appeared first on Insurance Marine News.

Author: Capt. John

https://insurancemarinenews.com/insurance-marine-news/ig-reinsurance-programme-is-finalized-shipowners-see-average-5-8-increase/

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