Skuld Renewal Update 2 policy year 2024/25 | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
In this circular to members, we will outline the International Group’s Reinsurance Programme for the Policy Year 2022/23. KEY FEATURES → Club retention maintained at USD 10 million → Pool maintained at USD 100 million. → International Group’s captive, Hydra, further utilised as part of the risk retention strategy → Main General Excess of Loss .
The arrangements for the renewal of the International Group reinsurance programme for the year commencing 20 February 2022, including Hydra premium, the Collective Overspill Cover, TRIA allocation War cover and Laid Up rates, has now been finalised. Individual Club Retention and General Excess Loss (GXL) programme attachment Individual Club Retention (ICR) remains unchanged for the .