31 January 2014
War Risks Renewals - Policy Year 2014/15 (7.111)
This circular sets out London P&I’s war risks renewal terms for policy year 2014/15, including advance contribution rates, insured value limits, protection and indemnity cover limits, additional premium areas, piracy guidance and sanctions wording.
It also reminds members to check insured values, keep port of registry details up to date and review trading carefully where sanctions may apply.