Class 5 (P&I) and Class 8 (FD&D) Open Policy Years & 2016/2017 Policy Year - Calls (5.516)

This circular sets out London P&I’s decisions on open policy years for Class 5 (P&I) and Class 8 (FD&D), together with the call requirements for the 2016/2017 policy year.

It confirms closure of some older years without further call, sets a 5% increase in annual call rates for the new policy year, and explains the instalment schedule, deductible adjustment and release call rates.