IG confirms $3.1bn group XoL structure for 2025/26 policy year

By Rebecca Delaney

Published: Wed 18 Dec 2024

The International Group of P&I Clubs has confirmed the structure of its $3.1bn group excess of loss reinsurance contract for the 2025/26 policy year, with the group highlighting a recent uptick in pool claims activity amid a “challenging” year dominated by the Baltimore bridge incident.