A 4.75% general increase calibrated to creep in just below rivals requiring a 5% rate rise has been announced by the North of England.
The second-largest of the protection-and-indemnity (P&I) mutuals came up with a finely gauged increase after deciding it needed 2.5% to compensate for an increase in contributions to the collective claims pool of the International Group clubs and another 2% to 2.5%
