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The latest updates from the Club
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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 27 May, 2026Russia Sanctions: New EU FAQs on Targeted Vessels and Tanker Sales
On 22 May 2026, the European Commission published two new sets of Frequently Asked Questions (FAQs) addressing key aspects of the EU Russia sanctions regime as it applies to the maritime sector.
![Tony Paulson]()
Tony PaulsonHead of Asia & Corporate Director -
News 26 May, 2026New Loss Prevention Bulletin and Video Published: Supporting Safer Tank Cleaning
Loss Prevention has published a new bulletin on Tank Cleanliness Verification for Tankers, accompanied by an animated video designed to support understanding of wash water analysis.
![Emma MacCarthy]()
Emma MacCarthyLoss Prevention Officer -
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
Notices to Members
Sanctions news
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News 27 May, 2026Russia Sanctions: New EU FAQs on Targeted Vessels and Tanker Sales
On 22 May 2026, the European Commission published two new sets of Frequently Asked Questions (FAQs) addressing key aspects of the EU Russia sanctions regime as it applies to the maritime sector.
![Tony Paulson]()
Tony PaulsonHead of Asia & Corporate Director -
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
