Notice of Cancellation – War Risk
P&I Circular No 2747/2026
Charterer’s Liability and Non-Poolable Insurances
The Association hereby gives Notice of Cancellation pursuant to the relevant Notice of Cancellation Clause in respect of War Risk cover for all non-mutual business, including but not limited to Charterer’s Liability Insurance, Limited P&I Insurance, Non-Poolable extensions and Ancillary insurance products.
Notice of Cancellation is hereby given effective from today, extending beyond 72 hours and will come into force with effect from 00:01 hrs GMT (Midnight), 16 August 2026.
Upon expiry of the notice, the War Risk cover for any of the aforesaid insurance products will be terminated automatically for Assured(s) trading or being within the territorial waters of any of the following countries or places (including any port area that at the date of this notice constitutes part of such a country or place however it may hereafter be described).
The War Risk cover shall, with effect from the expiry of this Notice of Cancellation, be reinstated subject to the following amendments:
Notwithstanding anything to the contrary contained in any Certificate of Entry, Cover Note, quotation, insurance offer not yet accepted or other evidence of insurance, cover shall exclude any liabilities, losses, costs and expenses arising from War Risks as defined in the Swedish Club Rules for Charterers’ Insurance (including Liability for Damage to Hull), or in any applicable Cover Note relating to the above-mentioned insurances, where such liabilities, losses, costs and expenses arise in the waters specifically mentioned below:
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Indian Ocean, Gulf of Aden and Red Sea
The waters enclosed by the following boundaries:
Indian Ocean, Gulf of Aden and Red Sea
The waters enclosed by the following (the Boundaries):
- on the northwest, by the Red Sea, south of Latitude 25°30’N
- 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
- 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
- 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 up to 12 nautical miles offshore of territories which are wholly or in part within the Boundaries.
The coastal waters exception above does not include the Bab el-Mandeb Traffic Separation Scheme, the Red Sea coast of Saudi Arabia that lies within the Boundaries, or the Yemeni coast.
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The Association may agree to reinstate War Risk cover on terms, conditions and premium to be agreed.
This Notice does not alter the position of any other area currently restricted or excluded under respective policies.
All other terms and conditions remain unchanged.
Yours faithfully,
Thomas Nordberg
Chief Executive Officer
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