War Risks Renewals – Policy Year 2023/24 (7.132)

This circular sets out the war risks renewal terms for policy year 2023/24, including advance contribution rates, limited reinstatement of nuclear and cyber cover, insured values and sums insured, additional premium areas, sanctions reminders and the Class 7 policy year position.

It also reminds members of key obligations, including reporting requirements, port of registry notifications and the need to keep AIS signals active unless excepted under SOLAS.