With the release of The Swedish Club’s renewal announcement, all the Group Clubs have now stated their intentions for policy year 2023-24.
Broker Gallagher has provided a helpful summary, reproduced below.
| Club | General Increase | Returns | Deductible Increase |
| American | No G/I (minimum 10% applied on all A/E premiums) | P&I deductibles below $ 50,000 will be subject to a 10% increases, with a minimum increase of $ 1,000. | |
| Britannia | No G/I (P&I target of 10% and 15% FD&D) | P&I deductibles to inc. by $1,000 as follows: Crew – $7,000, Cargo – $19,500, All other – $13,500. | |
| Gard | No G/I (seeking 5% to 7% from Members with acceptable records) | 5% Owners General Discount for 2023 PY. | N/A |
| Japan | 10% P&I and FD&D | N/A | |
| London | No G/I – individual records to be considered. | N/A | |
| North | 10% P&I, 15% FD&D | P&I crew/people deductibles under $50,000 will increase by a min of $2,500 and cargo/other deductibles will increase by a min of $1,000. | |
| Skuld | Based on individual records but seeking 10%. | N/A | |
| SOP | No GI (10% for yacht entries). | P&I deductibles below $50,000 to increase by the greater of 10% or $500. | |
| Standard | 10% P&I and FD&D | P&I deductibles will increase by 10% with a minimum of $2,000 for crew and cargo claims. | |
| Steamship | 7.5% for all classes of business. | All P&I deductibles below $50,000 are subject to a 10% increase. | |
| Swedish | 10% P&I 15% FD&D | Recommended minimums for Cargo, Crew, Third Party and Other Liabilities. +10% if above minimum. | |
| UK | 10% | N/A | |
| UK Defence | 5% | The “whole fleet” credit of 2.5% will continue to apply for 2023-24 premium. | N/A |
| West | 10% P&I 15% FD&D. | P&I rules deductibles unchanged – Other deductibles to rise by 10% with a minimum increase of $2,500. |