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
‘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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