P&I rate increases ‘necessary’ to keep pace with inflation: AM Best
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P&I rate increases ‘necessary’ to keep pace with inflation: AM Best

The ratings agency said most P&I clubs had achieved pricing adequacy.

By Samuel Casey
February 12, 2024
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A proposed round of general increases at the upcoming P&I renewals on 20 February is “necessary” in order to achieve a breakeven underwriting result in the face of inflationary pressure, according to AM Best.

The

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