18
2016-03
Circular (UW) 01/2016 Iran Sanctions - "fall-back" Reinsurance Update
The continuing application of US primary sanctions to US domiciled reinsurers participating in the Group's reinsurance arrangements means that Members remain exposed under Club sanctions' rules to the risk of partial reinsurance shortfall in respect of non-certified liabilities towards or incurred by Iranian interests. The Internatinal Group is working on a "fall-back" reinsurance protection to cover the default risk.
| File | File size |
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![Download this file (中船保保字[2016]01号-关于伊朗制裁-有关“后备”再保险的更新的通函（英文）.pdf)](/media/com_attachments/images/file_icons/pdf.gif){kind=icon} Circular (UW) 01/2016 Iran Sanctions - "fall-back" Reinsurance Update | 819 kB |
25
2015-11
Circular (UW) 06/2015 Renewal 2016 Policy Years
This circular informs Members for Renewal 2016 Policy Year
| File | File size |
|---|---|
| Circular (UW) 06/2015 Renewal 2016 Policy Years | 819 kB |
25
2015-11
Circular (UW) 07/2015 Supplementary Call for 2014 Policy Year
This circular informs Members the Supplementary Call for 2014 Policy Year, Closed Policy Year and Open Policy Year
| File | File size |
|---|---|
| Circular (UW) 07/2015 Supplementary Call for 2014 Policy Year | 819 kB |
08
2015-06
Circular (CLM) 06/2015 Limitation Amounts Set to Increase
According to the information from IMO website, the 2012 Amendments to increase the limits of liability in the 1996 Protocol to the Convention on Limitation of Liability for Marintime Claims (LLMC) shall enter into force on the 8th June,2015.
| File | File size |
|---|---|
| Circular (CLM) 06/2015 Limitation Amounts Set to Increase | 819 kB |
16
2015-04
Circular (CLM) 04/2016 IRAN SANCTIONS - UPDATE
It was announced on 2 April 2015 that the so-called P5+1 powers (China, France, Germany, the Russian Federatin, UK and USA), the European Union and Iran had reached a framework agreement which, subject to further and detailed negotiations to be completed by 30 June 2015, will see sanctions agrainst Iran relaxed in exchange for significant and verifiable steps to be taken by Iran in realation to its nuclear programme.