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The combined ratio for the 2025-26 financial year was 98.0%, an improvement on the prior year's 103.9%. The Club's own claims were below their expected position, and the share of Pool claims was close to the budgeted level, assisted by West's recent positive Pool performance.
Latest news
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News 19 May, 2026Cuba Sanctions Alert - Significant New Risks for Non-US Persons
On 1 May 2026, President Trump signed Executive Order 14404 ("EO"), titled "Imposing Sanctions on Those Responsible for Repression in Cuba and for Threats to United States National Security and Foreign Policy."
![Tony Paulson]()
Tony PaulsonHead of Asia & Corporate Director -
News 14 May, 2026Neptune Bunker Information Tab Updated - VLSFO Sulphur offspecs in ARA region
The Neptune Bunker Information tab has been updated with the latest off-specification (offspec) fuel statistics provided by Veritas Petroleum Services (VPS).
![Dmitry Kisil]()
Dmitry KisilSenior Loss Prevention Officer -
News 13 May, 2026West reports record free reserves and combined ratio of 98.0%
The combined ratio for the 2025-26 financial year was 98.0%, an improvement on the prior year's 103.9%. The Club's own claims were below their expected position, and the share of Pool claims was close to the budgeted level, assisted by West's recent positive Pool performance.
Notices to Members
Sanctions news
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News 23 Feb, 2026Amended [02/04]: Venezuelan sanctions - OFAC issues various new General Licenses
Following the seizure of Nicolas Maduro by the United States in January 2026, the US Treasury’s Office of Foreign Assets Control (OFAC) has issued a series of new General Licenses ("GLs") and accompanying FAQs that are significantly reshaping the Venezuela sanctions landscape.
![Tony Paulson]()
Tony PaulsonHead of Asia & Corporate Director -
News 19 Feb, 2026Russian sanctions - due diligence requirements when carrying petroleum products to the EU
Following the entry into force of Article 3ma of Council Regulation (EU) No. 833/2014 on 21 January 2026, shipowners and operators face compliance obligations when carrying certain petroleum products into the EU.
![Tony Paulson]()
Tony PaulsonHead of Asia & Corporate Director
