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Circulars – Marine – No: 431/2021

War Risk Insurance 2021 – Notice of cancellation

Reference is made to the War Risk Circular H&M 430/2020 with the terms for War Risk Insurance in place for existing War Risk Members.

The Association hereby gives notice of cancellation as per relevant Notice of Cancellation Clause for List of Areas of Perceived Enhanced Risk (“Listed Areas”) with effect from 00:01 hours GMT 18 May 2021.

The cover is from that time reinstated with enclosed new amendment to the List of Areas of Perceived Enhanced Risk (“Listed Areas”).

The following area is added:

AFRICA:

Cabo Delgado

The waters within 50 nautical miles of Mozambique and Tanzania enclosed by the following boundaries:
a)  to the north, from Mnazi Bay at 10°19.6’S, 40°18.9’E to high seas point at 9°50.7’S, 41°7.6’E.
b)  to the south, from Baía do Lúrio at 13°30’S, 40°31.6’E to high seas point 13°30’S, 41°28.8’E.

The following areas are amended:

MIDDLE EAST:

Indian Ocean, Gulf of Aden and Southern Red Sea

The waters enclosed by the following boundaries:
a)  on the north-west, by the Red Sea, south of Latitude 15° N
b)  on the northeast, from the Yemen border at 16°38.5’N, 53°6.5’E to high seas point 14°55’N, 53°50’E
c)  on the east, by a line from high seas point 14°55’N, 53°50’E to high seas point 10°48’N, 60°15’E, thence to high seas point 6°45’S, 48°45’E  
d)  and on the southwest, by the Somalia border at 1°40’S, 41°34’E, to high seas point 6°45’S, 48°45’E

excepting coastal waters of adjoining territories up to 12 nautical miles offshore unless otherwise provided.

Persian or Arabian Gulf

Persian or Arabian Gulf and adjacent waters including the Gulf of Oman and waters west of the line from Oman’s territorial limit off Cape al-Ḥadd at 22°42.5’N, 59°54.5’E northeast to the Iran-Pakistan border at 25°10.5’N, 61°37.5’E excepting coastal waters of adjoining territories up to 12 nautical miles offshore unless otherwise provided.

Oman

Musandam Governorate

All other clauses and conditions in the war cover provided by the Association remain unaltered.

Circular no 431/2021: War Risk Insurance 2021 – Notice of cancellation

Listed Areas of Perceived Enhanced Risk as of 18 May 2021

For any questions or more information, please contact:
Tord Nilsson, Director Underwriting Reinsurance and Risk Control
tord.nilsson@swedishclub.com