Special war risks P&I excess cover is provided for claims in excess of the proper value of the entered ship as defined in rule 5D or whatever sum is recoverable from war risk underwriters, whichever is the greater.
Update 13/06/19: Due to the recent attack on vessels in the Sea of Oman, Members are reminded of the following update and to exercise extreme caution in the region.
When is a peril a piracy? Was there an attack on the vessel? Were there persons acting maliciously? Was there an act of vandalism? What there a “sabotage” of the vessel?
