A A If the inception date of the policy is to 1 April No. The Fire and Industrial Special (ISR) GWP 2016, the old tier rate will apply. The new tier rate only reporting applies to all eligible and ineligible Fire and applies to those policies that started or renewed on, or ISR policies, not just those already reported through after, 1 April 2016. quarterly premiums. Q Does the Fire and Industrial Special Risks (ISR) GWP reporting apply only to Fire and ISR policies already reported through quarterly premium returns?
A If the inception date of the policy is to 1 April 2016, the old tier rate will apply. The new tier rate only applies to those policies that started or renewed on, or after, 1 April 2016. Q Does the Fire and Industrial Special Risks (ISR) GWP reporting apply only to Fire and ISR policies already reported through quarterly premium returns? A No. The Fire and Industrial Special (ISR) GWP reporting applies to all eligible and ineligible Fire and ISR policies, not just those already reported through quarterly premiums.