IG P&I renews reinsurance structure at 1.1, holds rate hike to 5.8%

17-01-2023

IG P&I renews reinsurance structure at 1.1, holds rate hike to 5.8%

shutterstock/Kudryashova Vera

The International Group of P&I Clubs claims to have renewed its group excess of loss reinsurance with only minor tweaks to structure and "only a small increase in rates for shipowners."


Reinsurance, Marine Insurance, International Group of P&I Clubs, 1.1 Renewals, Global

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