Many people assume that war risks cover is for ships operating in high-risk areas, but war risks cover is actually much wider, protecting your vessels from malicious damage or loss from third parties, virtually anywhere.

Our Rules booklet details the exact cover, but in principle UK War Risks cover fills the gaps that your hull insurance and P&I insurance exclude, covering three primary areas: 

Core cover

View our latest Rules & Circulars

King’s Enemy Risks

For Members operating under the Red Ensign, we also cover for certain risks arising out of war involving the UK, known as “King’s Enemy Risks” or “KER” cover. The risks covered are:

  • hull risks
  • detention
  • collision liability
  • wreck liability
  • risks of requisitioned or chartered ships

KER cover applies only to ships registered in the UK, the Isle of Man, the Channel Islands or any British overseas territory. It is reinsured by the UK Government.

General exclusions

Our UK War Risks cover is subject to general exclusions including:

  • losses covered by hull policies (ITC-Hulls)
  • losses due to war between any of the following: the United Kingdom, the United States of America, France, the Russian Federation, the People’s Republic of China (“the Five Powers”)
  • losses due to chemical, biological, bio-chemical and electromagnetic weapons or computer viruses
  • imprudent conduct.

Cover is also subject to seven days’ notice of cancellation, with reinstatement after expiry on new rates, terms or conditions. This provision is used to allow the addition of new additional premium (“AP”) areas.

Limits

Our cover for the 2024 Policy Year is subject to separate limits of:

  • the ship’s value for hull and machinery up to US$1 billion
  • for war risks P&I liabilities US$500 million

The UK War Risks advantage

When something happens, it will be the experience and expertise of our team that makes the difference.

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