Gard plans 4% premium rise for P&I renewal, announces owner discount
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Gard plans 4% premium rise for P&I renewal, announces owner discount

It will be the 16th consecutive year Gard has offered an owners’ general discount.

By Samuel Casey
November 04, 2024
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ship marine vessel GETTY.png

Gard is planning a 4% premium increase in upcoming P&I renewals to keep underwriting results in balance, with a marginal loss on the mutual insurance product.

The

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