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UK Club warns on further premium hikes

The UK Club proclaims its intention to take ‘future action on premium rates’ to rectify its current sizeable combined ratio

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‘Members have benefited from significantly reduced rates across the P&I sector over recent years, leading to the club’s combined ratio of 120% for the year, which continues to be above the club’s acceptable range,’ says statement from marine mutual

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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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