2026/2027 - Policy Year arrangements (5.673)

This circular summarises London P&I’s arrangements for the 2026/27 policy year, including Rules updates, cover limits, reinsurance arrangements and reminders for members and fixed premium assureds.

• Rules changes and updated Rules for 2026/27
• Mutual P&I cover limits, overspill and reinsurance
• Excess war risks cover, biochem reinstatement and terrorism cover
• Fixed premium cover, war risks exclusions and circulars