Several P&I clubs have announced general increases to be applied at the 2010 renewal year starting in February. Two of the latest are The London Club, which will increase its P&I premium by 5% and FD&D premium by 20%, while the Japan Club has announced that a general increase of 12.5% will apply to mutual P&I premium. According to HSBC in a report, both clubs also advised that they are closing the 2006 policy year and confirm that at this stage, all other open years are...
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