Standard opts for going rate P&I general increase
‘The first six months of the current policy year have seen a reduction in the frequency of other clubs’ pool claims. However, the average value of these claims has significantly increased, generating claims estimates of a similar magnitude to 2020-21,’ marine mutual confirms
International Group affiliate reveals combined ratio for the past policy year has drifted out from 121% to 124%, with a project combined ratio of 115% for the current year