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P&I hasn’t turned corner yet, West warns

Interim results saw International Group affiliate unveil first underwriting surplus in five years after zero pool claims. But many factors suggest most clubs will need price hikes at next renewal round, says chief executive

‘We are by no means thinking everything’s fine and we can all go off and enjoy ourselves. It is a surplus, we should be giving ourselves a pat on the back. But there’s still work to be done’

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