16 February 2011
War Risks Renewals - Policy Year 2011/12 (7.102)
This circular sets out the war risks renewal terms for policy year 2011/12, including advance contribution rates, insured value limits, P&I cover limits, additional premium areas, piracy guidance and sanctions provisions.
London P&I also reminds members to report changes to insured values and port of registry, and to follow best management practices when trading in piracy-affected waters.