8 November 2021
Class 5 (P&I) and Class 8 (FD&D) – 2022/23 Renewal (8.117)
This circular sets out London P&I’s approach to the 2022/23 renewal for Class 5 (P&I) and Class 8 (FD&D), including rates, deductibles, release calls and payment arrangements.
It explains the factors behind the renewal position, confirms that no general increase is set, and provides updates on open policy years and instalment dates.