Shipowners face average 5.8% rate increases under International Group of P&I Clubs renewal

Negotiations continue for Black Sea cover

The International Group of Protection & Indemnity Clubs (IG) has renewed its reinsurance programme for 2023/24 with a “small increase” in average rates for shipowners of 5.8%.

Led by AXA XL, IG said the renewal of its ...

Want to read this article?

Register for ultimate access to this article and ALL our premium content


  • Unrestricted access to Commercial Risk, Commercial Risk Europe and Global Risk Manager news, exclusive expert analysis and opinion
  • Breaking news, daily and/or weekly Commercial Risk Europe newsletters and regular digital publications
  • Breaking news, weekly and monthly Global Risk Manager newsletters and quarterly digital Journal
  • European and global surveys, rankings and special reports
  • National European local language newsletters
  • Preferential access to webinars and virtual and physical conferences

If you are already a registered user or subscriber you can LOGIN below for ultimate access:

Back to top button