Shipowners’ Club reveals first deductibles increase in two decades
Small craft specialist looks to increase premiums in the face of ongoing underwriting deficits and volatile investment returns
Decision places Shipowners’ at lower end of rate hikes for 2020-21 policy year, which run from 5% at Steamship and the American Club to 7.5% at West and 10% at Standard, London, the UK Club and North
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