Class 5, The Protecting and Indemnity Class (5.487)

This circular sets out proposed amendments to the rules for Class 5, the Protecting and Indemnity Class, with changes to definitions, membership, fixed premium cover, claims handling and sanctions-related flexibility.

London P&I also notes updates to references in the rules, including changes linked to the Companies Act 2006, electronic communications and the removal of outdated millennium-bug wording.