About the International Group

On 17 March 2022 the UK Government published a General Trade Licence in part to clarify earlier amendments to the UK Russia (Sanctions) (EU Exit) Regulations (the “Regulation”). Specifically, the licence addresses the issue as to whether it is lawful under the Regulation for insurers and reinsurers domiciled or operating from the United Kingdom to provide insurance for vessels calling at Russian ports or transiting Russian territorial waters.

The International Group has approved an updated version of essDOCS’s electronic trading system.

The International Group recently became a member of the Maritime Research Institute of the Netherlands (MARIN) Top Tier project.

This article outlines some key information regarding Letters of Indemnity and addresses some frequently asked questions.