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Circular 03/24: War Risks P&I Excess Cover
05/02/2024
Limit on Special War Risks P&I cover for 2024 policy year remains US$500 million with an exclusion of cover in respect of perils in Russia, Ukraine and Belarus, together with a buy-back sub-limited to US$80 million
UK Electronic Trade Documents Act 2023
21/09/2023
The Electronic Trade Documents Act (“the Act”) comes into force today in the United Kingdom, giving legal recognition in English law to electronic trade documents, including electronic bills of lading.
The coming into force of the Electronic Trade Documents Act last week in the UK is a potentially transformational moment in the development of electronic bills of lading.
Our Members often have questions about the potential risks and exposures involved in transportation of non-petroleum hazardous substances into and out of the United States