International Group Reinsurance Rates 2018/2019
15 December 2017
Renewal terms for the IG’s General Excess of Loss Reinsurance Contract have been finalised; and the Group’s reinsurance rates for the year commencing 20 February 2018 are now shown below:
Owned Entries
| Category | 2018 rate per GT | % change from 2017 |
| DIRTY TANKERS | $0.5845 | % - 1.85 |
| CLEAN TANKERS | $0.2626 | % - 1.83 |
| DRY CARGO VESSELS | $0.4038 | % - 1.85 |
| PASSENGER VESSELS | $3.2707 | % - 1.84 |
Further information on the reinsurance renewal can be viewed on the IG’s website here. And details of other arrangements for the 2018/19 policy year will be set out in a Circular to be issued in February in the usual way.