Notice of Cancellation in respect of War Risks for certain non-mutual covers - August 2026
TO ALL MEMBERS
12 August 2026
This Notice is issued further to, and does not replace, the Notice of Alteration to Terms and Conditions of Insurance dated 12 February 2024 and the Notice of Cancellation in respect of War Risks for certain non-mutual covers dated 5 March 2026 (together, the “Previous Notices”). The exclusions set out in the Previous Notices remain in full force and effect.
1. NOTICE IS HEREBY GIVEN that for all Rules based entries with a fixed limit, which include the War Risk Extension Clause, the liabilities covered under these clauses will exclude all loss, damage, liability, cost or expense relating to:
Indian Ocean, Gulf of Aden and Southern Red Sea
The waters enclosed by the following (the Boundaries):
a) on the northwest, by the Red Sea, south of Latitude 25°30’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 to 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
d) 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.
Cover remains available for war risks that fall outside of this exclusion and the exclusions set out in the Previous Notices, subject to the other exclusions, terms and conditions set out in your insurance policy.
2. NOTICE IS HEREBY GIVEN that for all plain language entries with the Association, the “War Risks” section under the heading “Your cover” in your liability insurance policy applies, but excluding all loss, damage, liability, cost or expense relating to:
Indian Ocean, Gulf of Aden and Southern Red Sea
The waters enclosed by the following (the Boundaries):
a) on the northwest, by the Red Sea, south of Latitude 25°30’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 to 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
d) 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.
Cover remains available for war risks that fall outside of this exclusion and the exclusions set out in the Previous Notices, subject to the other exclusions, terms and conditions set out in your insurance policy.
3. NOTICE IS HEREBY GIVEN that for all Rules-based entries subject to the limits of cover stipulated in the Rules of the Association (i.e. mutual cover), the cover provided under the War Risk Extension Clause remains available subject to other exclusions, terms and conditions set out in your insurance policy. However for Members with non-poolable extensions to their cover that are subject to sub-limits, the exclusion contained in the above Notice to Rules-based entries with a fixed limit, and the relevant exclusions contained in the Previous Notices, will apply to those extensions of cover.
All other terms and conditions remain unchanged.
This Notice is given on 12 August 2026 and the amendment will be effective from 00h01 GMT on 20 August 2026.