U.K. P&I Club seeks premium increase


U.K. P&I Club seeks premium increase

LONDON?The U.K. P&I Club is seeking an overall premium increase of 17.5% from shipowners in 2008 as it braces for heavy claims from the International Group of P&I Club?s claims-sharing pool. Pool claims for the 2006-2007 policy year are expected to total more than $550 million, the worst in 15...

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