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International United Kingdom Insurance

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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