Published: Tue 17 Jan 2023

International Group renews reinsurance programme with 5.8% average rate increase

The International Group of P&I Clubs (IG) has renewed its pooling and group excess of loss reinsurance (GXL) programme for 2023/24 with an average rate rise of 5.8 percent.

Insurance

International Group

Marine

Renewals

P&I

Published: Tue 17 Jan 2023

International Group renews reinsurance programme with 5.8% average rate increase

Want to read this article?

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

Ricky Lamey

Business development executive

Related articles:

Fidelis Partnership takes 5% private placement on $3.1bn IG XoL program

Marine market converges on $1.5bn-$2bn Baltimore bridge loss estimate

Miller and Aon looking for Zurich replacement on Intl Group 5% private placement

Read more:

The Trump administration and its impact on social inflation

Scor boosts solvency ratio with three-year stop loss retro protection

Doxa closes in on acquisition of commercial transportation MGA QEO

Small business MGU Rainbow expands restaurant program to three new states

Zurich promotes Bernard to head US middle market industry practices

Tropical depression forms in Caribbean, posing flood risk for Central America