Calls – Class 5 – P&I – 2019/2020; 2020/2021 and 2021/22 Policy Years (5.598)

London P&I explains that a material increase in the cost of mutual P&I claims, including Covid-19 related claims, has led the Board to set Supplementary Calls for the 2019/2020, 2020/2021 and 2021/2022 policy years.

The circular also confirms the release call rates for the open policy years and notes that the 2018/2019 policy year should be closed. London P&I says further details on the renewal arrangements for 2022/2023 will follow in due course.