P&I premium is going up in 2022

All P&I Clubs are announcing a hefty renewal rate increase in 2022:

Why does P&I renewal always fall due on 20th February each year?:

PS> It is not universally true any more though. Some P&I Clubs now split the payment into 3 periods in the year:
https://www.gard.no/web/publications/document/chapter?p_subdoc_id=20747977&p_document_id=20747880

List of major P&I Clubs in the world:
https://www.igpandi.org/ship-search-links/