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P&I renewal round sees 7.5% ‘going rate’ fail to stick

The 2020 renewal round has seen P&I clubs achieve firmer pricing for the first time in several years, but only around half the 7.5% general increase projected by many as the ‘going rate’ general increase last autumn

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‘Maybe three, three-and-a-half-ish,’ says P&I broker asked to specify percentage point jump in what owners are actually paying

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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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