The American Club made market presentations to its members and brokers in London on Dec. 03 and in Athens Dec. 05. The presentations provided members and brokers with a full spectrum of up-to-date information on the American Club’s mutual and fixed-premium business, as well as a report on American Hellenic Hull Insurance Company, a Cyprus-based subsidiary that underwrites hull and war risks.
The American Club did not seek a standardized or general increase for the 2020 renewal, but its board expected to see a year-over-year in the pricing of risk in 2020.
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