News & Resources
The latest updates from the Club
Featured article
Following our recent launch event on 04 November at Attiko Dubai, which welcomed Members, brokers, Board Members and important dignitaries, the Club has officially opened its new base in the UAE and is pleased to announce the office is located in Central Park Towers in Dubai’s International Financial Centre (DIFC).
Latest news
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News 20 Dec, 2024Group Reinsurance Rates 2025/26
The arrangements for the renewal of the International Group General Excess of Loss (GXL) reinsurance contract and the Hydra reinsurance programme for 2025/26 have now been finalised. These include the Collective Overspill Cover; Excess War Risks P&I cover and MLC cover.
![Simon Parrott]()
Simon ParrottChief Underwriting Officer -
News 17 Dec, 2024Sanctions- EU issues 15th package
The EU issued its 15th sanction package targeting Russia on 16 December 2024.
![Tony Paulson]()
Tony PaulsonHead of Asia & Corporate Director -
Loss Prevention 19 Nov, 2024Automated external defibrillators (AEDs) are a must have on ships
West's position on AEDs is that every ship should have at least one AED onboard. A lack of defibrillators is putting seafarers' lives at risk, with limited medical facilities onboard most ships and a lack of experienced medical personnel.
![Emma Forbes-Gearey]()
Emma Forbes-GeareyLoss Prevention Officer
Notices to Members
Sanctions news
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News 22 Jul, 2024Russian Sanctions - designation update
Further to our March 2024 news item, the UK authorities have since designated Russian insurance provider Ingosstrakh Insurance Company resultant from their “carrying on business in a sector of strategic significance to the Government of Russia
![Tim Davies]()
Tim DaviesHead of Claims (Eastern Team) -
News 22 Apr, 2024Venezuela - re-imposition of U.S. sanctions
On 17 April 2024 OFAC issued General License 44A (GL44A) which permits the wind-down of oil and gas operations in Venezuela until 31 May 2024, including “the production, lifting, sale, and exportation of oil or gas from Venezuela, and provision of related goods and services” and transactions involving the state oil company PdVSA.
![Tony Paulson]()
Tony PaulsonHead of Asia & Corporate Director
