13 July 2006

Supplementary and Release Contributions (7.082)

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London P&I confirms the Committee's latest review of open years for Class 7 War Risks, including the position on supplementary contributions and release contribution rates.

The circular sets out the outcome for the 2003/2004 to 2006/2007 policy years, noting which years are to be closed, where no supplementary contribution is anticipated, and when the release contribution rate remains unchanged at 5%.