Class 5 (P&I) and Class 8 (FD&D) – 2021/22 Renewal & Open Policy Years (8.115)

London P&I sets out the 2021/22 renewal approach for Class 5 (P&I) and Class 8 (FD&D), including rate changes, deductible adjustments, release calls and the position on open policy years.

The circular explains the Board’s view of claims, investment performance and premium pressure, and confirms the renewal and payment arrangements for the year ahead.