The Swedish Club has announced a 5% general increase in protection and indemnity premiums for members at the upcoming 2020 policy renewal.
The Gothenburg-based mutual said it is taking a “balanced approach” to P&I rates that takes into consideration the needs of its members, along with its own to increase premiums to cover rising claims.
Swedish Club managing director Lars Rhodin said: “Since we were established, our commitment has been for the long term.
