The Swedish Club has set a 7.5% general premium increase for the upcoming policy renewal in February next year.

All 12 International Group of P&I Club members have now announced their general increase targets.

P&I clubs target seek 7.5% general increases, claiming rates are ‘inadequate’
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Five clubs — Gard, Steamship Mutual, Skuld, the Shipowners’ Club and NorthStandard — are seeking to raise rates by 5%, with the rest opting for 7.5%.