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International Group Reinsurance Rates 2019/20

The International Group of P&I Clubs has recently finalized and announced the arrangements for the renewal of the International Group’s General Excess of Loss Reinsurance contract (GXL) and Hydra Reinsurance program for the forthcoming 2019 policy year.

For the fifth consecutive year, the reinsurance premiums will be reduced across all tonnage categories.

Please see below analysis of reinsurance rates and adjustments from the current 2018/19 policy year for your ease of reference.

ETC Rate
USD per GT
ETC Rate
USD per GT
Adj in ETC rate
USD per GT
from 2018
Tanker Dirty 0.5845 0.5747 -0.0098 -1.68%
Tanker Clean 0.2626 0.2582 -0.0044 -1.69%
Dry 0.4038 0.3971 -0.0067 -1.67%
Passenger 3.2707 3.2161 -0.0546 -1.67%


[ Group Excess Reinsurance Rates 2019 ]

For more details please visit the following link:

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