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Steamship Mutual offers cashback after near 5% tonnage growth

Steamship Mutual is offering members a capital distribution after it emerged from the 2020 renewal with 4m gt growth in entered owned tonnage, according to a statement from the International Group affiliate

‘Overall, premium across the membership increased at 20 February 2020, and deductibles were adjusted, reflecting the board’s expectation that rates would rise at renewal,’ says Steamship Mutual

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