For the 2025-2026 policy year, Britannia will seek an additional 2.5% rate adjustment from targeted remedial measures. It also plans to raise minimum deductibles for claims. Crew deductibles will increase to $10,000 from $7,000, cargo deductibles will rise to $22,500 from $19,500, and other claims deductibles will grow to $15,000 from $13,500. These adjustments reflect societal and claims inflation, according to the group.
