Supplementary and Release Contributions (7.076)

London P&I sets out the Committee’s latest decisions on open years for Class 7 War Risks, including supplementary contribution expectations and release contribution rates.

The circular confirms how the 2002/2003 to 2005/2006 policy years will be handled, including the closure of one year without supplementary contribution and the continuation of a 5% release contribution rate for the remaining open years.