Up to today, ALL THIRTEEN IG clubs have announced their General Increase for P&I and FDD for 2022/23 policy year.  Here are the summary with P&I and FDD GI/Target increase for your easy reference:

General increase of 2022/23

IG 协会 P.S. 保赔险 抗辩险
API 1 12.5% 12.5%
Britannia  2 (12.5%)* (12.5%)*
Gard  3  0.0% 0.0%
JPI  4  10.0% 10.0%
London  5 (12.5)%* (12.5)%*
NOE  6 15.0% 7.5%
SOP   5.0% 5.0%
Skuld  7 (10.0%)* (10.0%)*
Standard  8 12.5% 12.5%
SSM   12.5% 12.5%
Swedish  9 12.5% 15.0%
UK  10 12.5% 7.5%
WOE   15.0% 15.0%
Average   11.0% 10.0%

注 Remark:

以上数字的单位以ETC计算。Expressed in term of ETC (estimated total call) or equivalent as defined. 
TBA 有待通知。TBA = To be announced. 
N/A 不适用。N/A = Not applicable.

1. API
· Supplementary call has been set for P&I class, 2018 is 15% and 2019 is 35%.  For 2020, similar level of 2019 supp call is expected but a formal decision will be made during first half of 2022.

2. Britannia
· Britannia does not adopt the General Increase practice. Members’ individual rates will be adjusted to reflect their claims record and risk profile.  However, they will target a 12.5% increase on ETC.

3. Gard
· For 2022 policy year, Gard will give a 5% owners’ general discount on the agreed ETC to P&I members. At the same time, premiums for 2022 policy year will be increased. Although there will be no general increase, individual members’ rate will be adjusted to reflect their risk profile and claims records.

4. JPI
· For 2020 policy year, the scheduled 40% supplementary call will be due in 31 January 2022. Other than this, no further supplementary call will be levied.

5. London
· For London, although no general increase is set, the club is targeting an increase in rates of 12.5%, this is subject to a focus on individual member loss records and risk profiles.
· London announced the supplementary call has been set: 2019/20 35%, 2020/21 30%, 2021/22 35% of annual call.

6. NOE
· No supplementary call will be levied.

7. Skuld
· Skuld does not adopt the General Increase, a minimum market adjustment of 10% will be imposed for all covers regardless of members’ performance.  Also, additional individual adjustments for members with challenging records.

8. Standard
· Standard announced no supplementary call for previous years.

9. Swedish
· Swedish announced no supplementary call for previous years.

10. UK
· UK announced no supplementary call for previous years.