US Government partial shutdown disrupts COFR applications and renewals

SIGCo, one of the largest COFR guaranty providers, for vessels calling the US, have just released the attached Circular advising all COFR Members of severe disruption of operations at the US Coast Guards and the National Pollution Funds Centre, with applications not being processed any more at present. We recommend that all operators planning on renewing or applying for new COFR ...

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The Swedish Club announces Nil General Increase for 2019 renewal

The Club’s board anticipates the current underwriting year to be in balance and therefore to continue supporting their Members, they have advised that no general increase will be sought for 2019 P&I renewal. They want to ensure however that premiums are commensurate with exposure, and therefore  Members’ premium will be adjusted according to individual exposure. The Club’s release calls remain ...

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