IGP&I sees rate reductions across the board in “positive renewal”

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Reinsurance News - Dec 20, 2023

Mike Hall, Chairman of the International Group of P&I Clubs (IG) Reinsurance Committee, has announced a “positive renewal” for shipowners for February 2024, with all vessel types seeing rate reductions. With IG’s Pooling and Group Excess of Loss Reinsurance contract (GXL) struc...

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