20 November 2006
Calls, including Advance Call for 2007/08 (5.36)
This circular sets out London P&I's decisions on deferred calls for open policy years and announces a 7.5% general increase in advance calls for the 2007/2008 policy year.
It also confirms the estimated deferred call rate for 2007/2008 and notes that any later adjustment to excess loss reinsurance costs will be applied when determined.