Please find below the Protection & Indemnity General Increases table for 2008/09. The table shows the general increase history for the International Group over the last decade. Also included is the average general increase across the Group for each year and for each club over the ten year period.
Please click here to download the full table, including notes, in Word format.
General Increase History as at 8 December 2008.
|
|
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
Average GI
|
2008 Supp. Call (%) |
Change in IG x/s RI passed on? |
|
American |
5 |
10 |
12.5 |
25 |
17.5 |
10 |
10 |
10 |
20 |
29 |
15 |
20 |
Yes |
|
Britannia |
0 |
10 |
15 |
15 |
10 |
7.5 |
5 |
5 |
23.85 |
12.5 |
10 |
40 |
Yes |
|
Gard |
5 |
10 |
25 |
15 |
7.5 |
5 |
7.5 |
5 |
10 |
15 |
11 |
25 |
Yes |
|
Japan |
0 |
10 |
0 |
10 |
0 |
0 |
0 |
10 |
20 |
21.15 |
6 |
40 |
Yes |
|
London |
5 |
10 |
27.5 |
25 |
15 |
12.5 |
12.5 |
7.5 |
17.5 |
15 |
15 |
40 |
Yes |
|
North |
5 |
10 |
25 |
25 |
17.5 |
12.5 |
7.5 |
7.5 |
17.5 |
17.5 |
15 |
0 |
Yes |
|
Shipowners’ |
0 |
0 |
20 |
15 |
0 |
0 |
0 |
5 |
? |
10 |
5 |
10 |
No |
|
Skuld |
0 |
10 |
30 |
25 |
15 |
7.5 |
5 |
2.5 |
7.5 |
15 |
12 |
TBA |
TBA |
|
Standard ( Bermuda ) |
0 |
7.5 |
12.5 |
25 |
20 |
12.5 |
5 |
5 |
15 |
15 |
12 |
ETP* |
Yes |
|
Steamship |
5 |
10 |
25 |
25 |
20 |
12.5 |
5 |
9 |
15 |
17.5 |
14 |
MP+ |
Yes |
|
Swedish |
0 |
7.5 |
25 |
25 |
15 |
10 |
10 |
7.5 |
15 |
15 |
13 |
0 |
Yes |
|
UK |
0 |
7.5 |
20 |
25 |
17.5 |
12.5 |
12.5 |
7.5 |
10 |
12.5 |
13 |
MP+ |
Yes |
|
West |
5 |
10 |
25 |
25 |
15 |
12.5 |
12.5 |
5 |
15 |
19.17 |
14 |
30 |
Yes |
|
Average GI |
2 |
9 |
20 |
22 |
13 |
9 |
7 |
7 |
13.7 |
|
|
|
|
* Estimated Total Premium
+ Mutual Premium