War Risk and Kidnap & Ransom
The Club can now offer its Members cover for Hull War and P&I War risks, including cover for piracy, and Kidnap & Ransom (K&R). These covers are offered to complement Members’ mutual P&I entries and provide streamlined service in the event of a piracy, seizure or war event.
Hull War and underlying P&I War:
- On market equivalent terms and rates
- Including loss of hire
- Including increased value
- Cover in breach areas at market comparable prices.
- Up to US$10 million per insured event
- Loss of ransom in transit - up to US$10 million per insured event
- Fees and expenses of consultants - unlimited per insured event
Additional expenses, including but not limited to:
Fees and expenses of independent negotiator
Fees and expenses of independent public relations consultant and/or interpreter
Interest on loans raised to pay ransom
Fees and expenses of security guards to protect crew after an insured event
Cost of getting the ransom to the kidnappers
Cyber Extortion extension cover ransom, expert fees and the costs of restoring data arising from a ransomware attack.
Limits up to US$1 million available.
For details, view our War Risk and K & R Covers brochure, access the application form and download our Rules in the list below.
War Risk Rules and Kidnap & Ransom Covers - brochure
Kidnap & Ransom Application Form
Hull War Risk Application Form
London War Risk Rules 2022/2023
Europe War Risk Rules 2022/2023
Underwriting Key Contacts
Chief Executive Officer
Head of Underwriting & Head of Americas Syndicate
Chief Commercial Officer
Chief Executive SSM Europe & Head of Reinsurance
Head of Underwriting, European Syndicate
Head of Underwriting, Americas Syndicate
Director - Underwriting
Director & Head of Underwriting Eastern Syndicate
CEO Singapore Branch
CEO and Legal Representative Japan Branch