6 May 1998
Supplementary and Release Calls (8.056)
This circular explains London P&I’s supplementary and release call decisions for Class 8 Freight, Demurrage & Defence. It sets out the Committee’s review of the Class, the timing of future supplementary calls, and the expected closure dates for the open policy years.
London P&I confirmed that the Class remains financially healthy and that the supplementary call approach used for P&I will now be applied progressively to FD&D as well.