A-rated specialist war risks insurance to protect international flag ships of any type or size against malicious loss or damage by a third party, anywhere in the world.
The Managers are aware of the reported attacks on two ships in the Gulf of Oman, there does appear to be a greatly increased threat to ships trading in the region. It is likely that Additional Premium rates will increase with immediate effect.
Indian Ocean amended, Oman, Persian Gulf and United Arab Emirates added, Saudi Arabia amended.
Credit rating firm A.M. Best reaffirms the Club's Financial Strength Rating of A- (Excellent)