Calls - Class 5 - Protecting & Indemnity (5.397)

This circular sets out London P&I’s decisions on open policy years, the 2010/2011 call structure for class 5 protection and indemnity, and payment instructions for members and brokers.

It confirms the position on advance, deferred, additional and release calls for policy years from 2006/2007 to 2009/2010, explains the new annual call arrangement, and notes the increase in certain deductibles.