Owners' discount

Gard will give a 10 per cent owners' general discount (OGD) to members renewing for the next P&I policy year. The OGD - up from 5 per cent last year - reflects Gard's strong and stable capital situation. It is based on the Gard group capital situation at the time of the decision and given as a percentage on the agreed estimated total call (ETC) for vessels on risk for the 2024 policy year. Within P&I insurance, the total premium required for the policy year is estimated and referred to as the ETC.