NorthStandard confirms reinsurance structure for 2025/26 policy year

NorthStandard rate increases

NorthStandard provided details of rate adjustments for the 2025/26 policy year. Rates for persistent oil tankers have been set at US$0.625 per gross tonnage, reflecting a 1.5% increase. Clean tankers will see rates of US$0.433 per gross tonnage, up 8.9%, while dry cargo vessels will pay US$0.605 per gross tonnage, representing a 3.3% rise.

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