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Standard Club announces 7.5% general increases

The Standard Club has announced a 7.5% general increase in both P&I and defence premiums, alongside a 10% hike in P&I deductibles, in a bid to counter the rising cost of major claims

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‘The cost and frequency of high value P&I claims across the market continue at similar levels to last year. It appears 2018 was not an isolated year of heavier claims,’ circular tells members

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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