12 November 2019
Class 5 (P&I) and Class 8 (FD&D) Open Policy Years & 2020/2021 Policy Year – Calls (5.574)
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 2020/2021 policy year call rates and release calls.
It also confirms the instalment dates for annual calls and explains the main considerations behind the Board’s review, including market conditions, claims experience and risk categories.