International Group Reinsurance Rates 2017/18

The International Group announced yesterday evening that it had concluded terms for 2017 in respect of the excess of loss reinsurance.

Following the trend of the last three renewals and as anticipated, R/I rates have again improved resulting in premium savings to Members of the IG.

Please see attached our Circular setting out the Reinsurance Rates for all vessel categories as well as the official update from the International Group.