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Circulars – FD&D – No: 38/2012

FD&D Insurance — Policy years 2009, 2010, 2011 and 2012 — Supplementary and Release Calls

At the meeting on 29 March 2012 the Board of Directors made the following decisions in respect of the open policy years:

2009/2010
To close this year.

2010/2011
To close this year in the spring of 2013, subject to there being no adverse developments, without any further call being levied, and to amend the release call from 10% to 5%.

2011/2012
To not levy a supplementary call, and to keep the release call at 15%.

2012/2013
To maintain the target set at the renewal for 2012/2013, which was to achieve a 0% supplementary call. To set the release call for this policy year at 25%.