Swedish Club has published details of its supplementary and release calls for open policy years and for the closed years back to 2012/13.
For P&I they were as follows:
2016/2017: To not levy a supplementary call, and to amend the release call for this year to 10 %.
2017/2018: To apply a discount on the 2017/2018 premium in the form of a 4 % credit note on ETC which will be deducted from the third premium instalment. To maintain the target set at the renewal for 2017/2018, which was to achieve a 0 % supplementary call. To keep the release call for this policy year at 15 %.
Release calls have developed as follows:
2017 2016 2015 2014 2013 2012
2012/13 Close 7.5 % 20 % 25 %
2013/14 Close 7.5 % 10 % 20 %
2014/15 Close 5 % 10 % 20 %
2015/16 5 % 8 % 12.5 %
2016/17 10 % 15 %
2017/18 15 %
For FD&D the details were as follows:
2014/2015: No supplementary call.
2015/2016: Release call 0%.
2016/2017: Release call 5%.
2017/2018 Release call 5%.
Release calls have developed as follows:
2017 2016 2015 2014 2013 2012
2012/13 Close 0 % 0 % 10 %
2013/14 Close 0 % 5 % 15 % 20 %
2014/15 Close 0 % 5 % 10 % 20 %
2015/16 0 % 0 % 5 % 10 %
2016/17 5 % 5 % 5 %
2017/18 5 % 5 %