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Ebola Virus – Update
19 Aug, 2014
The Ebola outbreak is reportedly building momentum and the World Health Organization recently warned that the virus is spreading faster than the efforts of governments and health workers to keep it under...
West announces 15% general increase in response to market conditions
14 Oct, 2021
Premium rates, as the West has noted since 2018, are unsustainably lowRecord pool costs and Covid-19 related liabilities mean that a corrective action is now necessaryThe West is committed to preserving...
West P&I Posidonia Shipping Exhibition & Reception 2012
22 Jun, 2012
In celebration of Posidonia 2012 the West of England held its traditional lunchtime reception at the Yacht Club of Greece on 5th June.
Posidonia is a bi-annual shipping exhibition in Athens and sees almost...
Piracy Update – Best Management Practices (Version 3)
09 Jul, 2010
Following further consultation with industry, the third edition of "Best Management Practices to Deter Piracy off the Coast of Somalia and in the Arabian Sea Area” (BMP3) has now been published. The amendments...
USA - Deepwater Horizon - BIMCO Oil Spill Clause for Voyage Charter Parties
04 Jun, 2010
Further to the Managers’ previous advice on the impact of the Deepwater Horizon event in the United States; Deepwater Horizon Oil Spill Information and Background on BP Liability for Deepwater Horizon...
West successfully executes highly targeted renewal strategy
21 Feb, 2022
• Since 2019 the West has regularly noted that the P&I market is underrated, that premiums need to better reflect risks, and that the West will address persistently underperforming entries where required....
Astaara expands underwriting capacity, boosting cyber insurance limit to $25 million
04 Apr, 2023
Astaara’s cyber insurance covers ports and terminals, as well as ships, shipowners and ship managers. The insurance is led by A-rated cyber insurance industry leader Axis Specialty Europe SE, with Astaara...
Standard & Poors (S&P) Announcement
24 Oct, 2022
S&P Global Ratings have announced a decision to adjust its ratings of the West from A- (negative outlook) to BBB+ (stable outlook).