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American Club levies big supplementary calls, as London Club goes for 7.5% rate rise

The American Club has become the first International Group affiliate to ask members for hefty supplementary calls this year, demanding 22.5% for the 2016 policy year and 17.5% for 2018, while the London Club is seeking a substantial general increase

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Owners will have to put their hands deeper in their pockets for P&I cover next year, although clubs vary as to how they plan to raise the increased revenue

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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