This year's Annual Review reports strong financial results, continued strategic progress and enhanced support for shipowners operating in an increasingly complex and uncertain global environment.
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Find out more on our Annual Reviews, Pre-Renewal Reports and Regulatory Reporting.
Updated each May and November, our release calls reflect our financial position at the half-year and year-end stages, and the potential for making an unbudgeted supplementary call.
Decided and agreed by the Board, these release calls consider the financial outturn in any policy year. They also take into account the risk factors set out in Clause 8 of the 2020 International Group Agreement - premium risk, catastrophe risk, reserve risk, counter-party default risk, market risk and operational risk.
Summary Release Calls for the P&I, FD&D/Defence, War Risks, Coastal & Inland and Strike & Delay Classes:
Policy Year | P&I Class | FD&D/Defence Class | War Risks | Coastal & Inland | Strike & Delay |
2026/27 | 12.5% | 12.5% | 0% | 0% | 10% |
2025/26 | 5% | 5% | 0% | 0% | 5% |
2024/25 | 0% | 0% | 0% | 0% | n/a |
