The bill for the two largest claims in the long history of the North of England Protecting & Indemnity Association keeps growing.
The club’s contribution to the loss-related collective claims pool of the 13 protection-and-indemnity (P&I) mutuals has increased by almost 50%.
A jump from 8.3% to 12.1% in the North of England’s share of the cost of the lower pool is the most notable change in the allocation for the current policy year.
The
