20 October 2025
Rights of Recourse - Exclusion of cover for losses incurred due to waiver of rights of recourse otherwise available under the Hague or Hague/Visby Rules (5.669)
London P&I explains a change to mutual P&I cover from 20 February 2026. Members will need to preserve certain rights of recourse for the carriage of dangerous goods, and losses linked to a waiver or restriction of those rights will only be recoverable at the discretion of a Club Board or Committee.
The circular also sets out what counts as a waiver, which contracts are affected, how the change applies to ancillary terms, and what Members should do where additional cover is needed.