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West announce the full acquisition of Nordic Marine Insurance (Nordic), a leading provider of fixed premium insurance for the marine industry, specialising in Delay Insurance, Primary Loss of Earnings, Hull and Machinery (H&M), Loss of Hire, Maritime Lien solutions and other specialist insurance products.
Latest news
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News 09 Jan, 2025West fully acquires Nordic Marine Insurance
West announce the full acquisition of Nordic Marine Insurance (Nordic), a leading provider of fixed premium insurance for the marine industry, specialising in Delay Insurance, Primary Loss of Earnings, Hull and Machinery (H&M), Loss of Hire, Maritime Lien solutions and other specialist insurance products.
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Loss Prevention 08 Jan, 2025Understanding Ballast Water Regulations for the West Coast of Canada
Ballast water management has become an increasingly important aspect of maritime operations, particularly in the context of environmental protection and the prevention of invasive species. For the West Coast of Canada, the recent clarifications from Transport Canada regarding ballast water discharge regulations have provided...
![Emma Forbes-Gearey]()
Emma Forbes-GeareyLoss Prevention Officer -
Loss Prevention 30 Dec, 2024Turkey - Environmental Pollution Fines: Updated for 2025
Pollution fines in Turkey have experienced another substantial increase. The pollution fine rates were revised by the Ministry of Environment, Urbanisation and Climate Change and published in the Official Gazette dated 24th December 2024. The revised rates have risen by 43.93% since the last amendment in January 2024...
![Vinay Singh]()
Vinay SinghLoss 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
