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Steamship Mutual 2021/2022 Renewal | Hellenic Shipping News Worldwide - Vimarsana News

Steamship Mutual 2021/2022 Renewal | Hellenic Shipping News Worldwide

“A” rated Steamship Mutual today announced the outcome of the Club’s 2021/2022 renewal. With a General Increase of 5%, ordered by the Board for both mutual and non mutual entries, the achieved premium increase of very close to that – over 4.5% including value of terms – is confirmation of widespread confidence in the Club. Notwithstanding some extremely difficult conditions arising from the Corona pandemic, this was a successful renewal, as reflected in additional tonnage entered by existing members and the number of new Members joining from other clubs and insurers. Commenting on t...