249 results:

Loss Prevention Bulletin - 28 February 2019

Nigeria – Increased pirate activity south of Brass and Bonny The Club has noted increased pirate activity in the above areas, with several attempted attacks on shipping believed to have taken…

Rates and Terms for the 2014 Policy Year

Rates and Terms for the 2014 Policy Year have been announced. Please see the following Circulars for further information: C1 2014 - Rates and Terms for the 2014 Policy Year C2 2014 - Review of the…

AM Best re-affirms ‘Excellent’ rating

The UK War Risks Club is pleased to announce the affirmation of its A- ‘Excellent’ financial strength rating with a ‘Stable’ outlook from the insurance rating agency AM Best. AM Best’s rating…

Sanctions Update

The US Government and the EU Council have announced that the suspension of certain Iran sanctions which ran from 20 January 2014 to 20 July 2014 is being extended for four months to 24 November 2014.…

Venezuela releases Malaysian survey ship

Venezuela has released the Teknik Perdana, a Malaysian owned survey ship, and her 36 crew after being detained by Venezuelan authorities on the 10th October. The Panamanian flagged vessel was…

Seafarer shot in tanker attack off Malaysia

A seafarer was shot in the neck during an attack by Indonesian pirates on a product tanker MT Ji Xiang anchored off the south-west coast of Johor in Malaysia. The MT Ji Xiang was reported to have…

A M Best reaffirms A- Rating

Credit rating firm A.M. Best announced on 4 May that it had affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “A-” of the Club. The outlook of these…

Best Practice Guides

Best Practice Guides

Three new best practice guides have been published this month, to help companies and mariners risk assess voyages and mitigate against external threats to their safety. BMP5: Best…

Loss Prevention Bulletin - 23 February 2018

Date of incident: 22/02/2018  Pirates in three skiffs opened fire on a merchant vessel approximately 158 nm off the coast of central Somalia. The vessel's on-board armed security team returned…