News & Resources
The latest updates from the Club
Featured article
West P&I has again been assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) by AM Best. The outlook assigned to these Credit Ratings (ratings) is stable.
Latest news
-
Loss Prevention 19 Dec, 2025Turkey - Environmental Pollution Fines: Updated for 2026
Turkish authorities have announced a 25.49% increase in fines for marine pollution, effective 1 January 2026. This adjustment, as reported by local sources, applies to all categories specified under Article 23 of the Environmental Code.
![Emma Forbes-Gearey]()
Emma Forbes-GeareyLoss Prevention Officer -
News 17 Dec, 2025Group Reinsurance Rates 2026/27
The arrangements for the renewal of the International Group General Excess of Loss (GXL) reinsurance contract and the Hydra reinsurance programme for 2026/27 have now been finalised. These include the Collective Overspill Cover; Excess War Risks P&I cover and MLC cover.
![Francis Corrigan]()
Francis CorriganChief Financial Officer -
Loss Prevention 05 Dec, 2025Lithium-ion batteries & closing the fire safety gap
Lithium-ion (Li-ion) batteries are now present across a wide range of maritime operations.
![Simon Hodgkinson]()
Simon HodgkinsonGlobal Head of Loss Prevention
Notices to Members
Sanctions news
-
News 01 Sep, 2025Syria – easing of sanctions
Following the fall of the Assad regime in December 2024, many of the extensive and longstanding sanctions previously imposed by the UK, EU and US on Syria have been eased.
![Tony Paulson]()
Tony PaulsonHead of Asia & Corporate Director -
News 22 May, 2025Russian sanctions – important reminder of reporting requirements
Members will recall that due to the operation of the various sanctions regimes imposed on Russia as a result of the conflict in Ukraine, there are important documentary and reporting requirements that must be fulfilled when trading to and from Russia.
![Tony Paulson]()
Tony PaulsonHead of Asia & Corporate Director
