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Wednesday
November 11, 2026
The Port Journal

GARD: 09/2026 Premium policy for the 2027 policy year

At its recent meetings the Board of Directors of the mutual Associations in the Gard group1 agreed the premium policy for the 2027 policy year. Owners’ general discount (OGD) The Gard group continues to…

1 min read

At its recent meetings the Board of Directors of the mutual Associations in the Gard group1 agreed the premium policy for the 2027 policy year.

Owners’ general discount (OGD) The Gard group continues to be well capitalised with an A+ (stable outlook) rating by Standard and Poor’s; the highest of any P&I club in the International Group of P&I Clubs.

With good overall performance, the Gard group has maintained and built a solid capital base to meet future developments of the insurance portfolio.

In light of the strong capital situation the Board agreed a 10 per cent owners’ general discount (OGD) on an Estimated Total Call (ETC)2 basis for vessels renewed by Members with Gard for the 2027 policy year.

This story was originally published by Hellenic Shipping News. Read the full story at Hellenic Shipping News →

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