20 November 2020
Class 5 (P&I) and Class 8 (FD&D) – 2021/22 Renewal & Open Policy Years (5.589)
This circular sets out London P&I's renewal decisions for class 5 (P&I) and class 8 (FD&D) for 2021/22, including rate changes, deductible increases, release call levels and the position on open policy years.
It also explains the Board's view of claims experience, investment performance and the risk factors taken into account when setting margins.