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Reinsurance arrangements for the 2023 policy year arranged through the International Group of P&I Clubs – special P&I war risks cover

Reinsurance arrangements for the 2023 policy year arranged through the International Group of P&I Clubs – special P&I war risks cover
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.

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Skuld Renewal Update 2 policy year 2023/24 | Hellenic Shipping News Worldwide

Skuld Renewal Update 2 policy year 2023/24 | 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.

International Group Excess Loss Contract , Oil Pollution , International Group , Limitation Convention Skuld Rules Appendix , Skuld Rules Appendix , Convention Limit , Collective Overspill Cover , Territorial Exclusion ,

Skuld Renewal Update II Policy Year 2022/23 International Group Reinsurance Programme

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 . ....

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Gard: Amendments to Rules 2021 | Hellenic Shipping News Worldwide


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 ....

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