West
2026/2027 General Increase and Renewal Information
General Increase
5%
Capital Distribution
0%
Release Calls
2023/24 7.5%
2024/25 15%
2025/26 15%
Summary of announcement
West have announced a 5% General Increase for the 2026 renewal. They will also be increasing all P&I deductibles below USD 50k by 10%. The club stated that the need for the general increase was due to a volatile claims environment and increasing severity of claims in the International Group Pool, combined with continued inflationary pressures in costs and claims.
2025/26 claims from the club's own members are in line with expectations, and prior year claims development has, on the whole, been favourable.
The combined ratio for 2025/26 is expected to be just below 100% and Investment Returns as at 20th October are favourable at 5.9%
5% general increase will also apply to FDD.
A 15% release call was announced.
Further details can be found in the Club's bulletin, here.
2025 Club Overview
Market Share (Owned Tonnage)
Market Share (Owned Premium)
S&P Rating
BBB+ (positive)
Combined Ratio (Financial Year)
Investment return
Free Reserves (% change)
Call History
2023-2026
Combined Ratio
Historical Trend
Financial Year (USD Millions)
Underwriting Result
Financial Year - (USD Millions)
Investment Asset Allocation
Historical Trend
for Total Assets and Free Reserves (USD Millions)
Geographical Mix by GT
Vessel Type Mix by GT
Investment Return
Solvency Capital Ratio
USD Millions