OutlineThe additional premium system for tankers carrying persistent oil to or from the United States will continue for the 2005 policy year.
Outline 1/05 & 3/05.Circular Ref:1/05.Circular Ref: 3/05.
Outline Limit on Special War Risks P&I cover for 2005 policy year is increased to US$500 million.
Outline <dir> Under STOPIA, the limits of liability under CLC 92 for tankers up to 29,548 gross tons will be increased voluntarily to SDR 20 million for spills affecting States ratifying the...
OutlineThis circular is of urgent importance to Members operating non-tank vessels of 100 gross tons or more calling at Japanese ports.
Outline The Club’s overspill reinsurance arrangements protect its share of the Pooled claims exposure in excess of the US$2.05 billion upper limit of the Group excess loss reinsurance.
Outline Any nontank vessel operator or owner visiting US waters must prepare a vessel response plan for approval by the US Coast Guard (USCG).
Outline 2004 policy year claims experience one of the highest in recent years. Adverse development on 2004 policy year largely offset by favourable development on prior policy years.
TO THE MEMBERS FROM THE CHAIRMAN Dear Member INVESTMENT IN MILLERS My predecessor as Chairman wrote to you in June, 2000 advising you of the agreement reached by the Board to make an investment in the...
OutlineNew insurance or guarantee requirements in respect of marine pollution in Taiwan’s economic exclusion zone (EEZ) come into force on 1st July, 2005, but a “grace period” may be granted.