8 December 1997
Calls, including Advance Call for 1998/99 (5.242)
This circular confirms the Committee's decisions on advance, supplementary and release calls for class 5 protection and indemnity policy years 1994/95 to 1998/99.
London P&I explains that the 1994/95 policy year will close without any further call, while the call position for later years remains unchanged. It also confirms that no general advance call increase is required for 1998/99.