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Circulars – FD&D – No: 64/2023

FD&D Insurance: Supplementary and Release Calls – Policy years 2020-2023

Gothenburg:

At the Board Meeting in Singapore on 23 March 2023, the Board of Directors made the following decisions in respect of the open policy years:

2020/2021

To close this year with no supplementary call.

2021/2022

To keep the release call at 5%.

2022/2023

To keep the release call at 5%.

2023/2024

To keep the release call at 5%.

Release calls have developed as follows:

  2023 2022 2021 2020 2019 2018
2018/2019 Close 0% 0% 5%
2019/2020 Close 0% 0% 5%
2020/2021 Close 0% 0% 5%
2021/2022 5% 5% 5%
2022/2023 5% 5%
2023/2024 5%