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08/01/2015

Libyan air force threat to Misrata bound shipping

Press reports have quoted the commander of the Libyan Air Force, Brigadier Saqr Al-Jaroushi, as saying "any vessel or cargo ship approaching the port of Misrata would be targeted directly and immediately" as of Friday 9 January.

28/11/2014

C2 2014 - Rates and Terms for the 2015 Policy Year

The Directors have agreed that the gross rates of Annual Premium charged for 2014 (as set out in Circular C3/2013 dated 29 November 2013) will be reduced by 20% for the 2015 Policy Year.

16/10/2014

Best Management Practices (West Africa) - Updated Guidelines

Maritime industry releases updated anti-piracy guidelines for the Gulf of Guinea region

22/07/2014

Sanctions Update

The US Government and the EU Council have announced that the suspension of certain Iran sanctions which ran from 20 January 2014 to 20 July 2014 is being extended for four months to 24 November 2014.

04/12/2013

C3 2013 - Rates and Terms for the 2014 Policy Year

The Directors have agreed that the gross rates of Annual Premium originally charged for 2013 (as set out in Circular C3/2012 dated 3 December 2012) will be reduced by 45% for the 2014 Policy Year.

19/06/2013

Circular C2 2013 - AP Area Change

The Association has made some alterations to its existing Additional Premium (AP) Areas.

02/06/2013

Circular C1 2013 - 2013 Advance Contribution - Second Instalment

At their meeting on 20 May, the Board of Directors decided that the second instalment of the Advance Contribution for 2013, covering the period from 1 July 2013 to 31 December 2013, should be waived.

01/05/2013

Hellenic Mutual War Risks Association (Bermuda) Limited ("The Association")

Members may be aware of recent press articles concerning a financial restructuring of the Hellenic Mutual Hull Club. The Managers would like to remind Members that the Association has no connection with the Hellenic Mutual Hull Club. 

20/03/2013

BMP - West Africa (Interim Guidelines)

Due to significantly increased security concerns in the Gulf of Guinea region and following the number of ships seized by pirates.

04/01/2013

C3 2012 - Rates and Terms for the 2013 Policy Year

The Directors have agreed a 10% reduction on Annual Premiums for the 2013 policy year. The Directors' decision, taken at their meeting on 26 November.