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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.

Cover Highlights

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.

K&R:

  • 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

  • Travel costs

  • Crew wages

  • 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.

Supporting documents

For details, view our War Risk and K & R Covers brochure, access the application form and download our Rules in the list below.

Resources

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

European Syndicate Contacts

European Syndicate Contacts

Eastern Syndicate Contacts

Eastern Syndicate Contacts

Americas Syndicate Contacts

Americas Syndicate Contacts