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Gard offers higher discount to Members renewing mutual P&I | Hellenic Shipping News Worldwide
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Gard Delivers Strong Half-Year Results Despite Market Adjustments | Hellenic Shipping News Worldwide
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Gard withstands market turbulence to deliver stand out insurance results | Hellenic Shipping News Worldwide
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For the first time, Gard is presenting an integrated annual report outlining its performance for the last financial year against a broad set of parameters, not only financial ones. By looking holistically at all its activities, Gard can measure the value it creates both for its Members and clients and for society at large. The .
The following amendments to the Rules for P&I and Defence cover for ships and other floating structures (“Rules for Ships”) and the Rules for P&I and Defence cover for mobile offshore units (“Rules for MOUs”) for both Assuranceforeningen Gard – gjensidig – and Gard P.& I. (Bermuda) Ltd. (collectively the “Associations” and individually the “Association”) have been endorsed by the Boards of Directors of the Associations and will enter into force at noon GMT on 20 February 2021.
RULES FOR SHIPS – P&I ENTRIES
New premium policy – introduction of an Owners’ General Discount
As announced in Circular No. 12/2020, the Boards of Directors of the Associations decided earlier this year to change the Associations’ premium policy and to introduce an Owners’ General Discount with effect for the policy year commencing on 20 February 2021. The new call structure and terminology necessitated amendments to the Rules for Ships. The changes required are set out in more