Calls, including Advance Call for 2002/03 (5.307)

This circular sets out London P&I’s decisions on calls for the 1998/99 to 2002/03 policy years, including a 27.5% increase in the advance call for 2002/03.

It also confirms the release call and supplementary call rates for earlier years, and notes that the 2002/03 increase does not include the yet-to-be-determined cost of the Association’s share of the excess loss reinsurance programme.