
Closure of the 2022 policy year without additional call
- Home
- Latest updates
- News
- Closure of the 2022 policy year without additional call
22 May 2025
To all Members,
At their meeting on the 22 May 2025 the Board considered the open policy years and in particular the 2022 policy year, which is now three years old.
Whilst the 2022 policy year is currently forecast to produce an underwriting loss, the Board noted the Club’s overall strong capital position and therefore agreed that the year can be closed without additional call.
Furthermore, the Board considered the open policy years for 2023, 2024 and the current 2025 year and agreed to maintain a nil additional call estimate.
The Club’s policy of adopting a nil release call for all open years remains.