The Swedish Club cancels and amends war risk insurance
The Club cancels current war risk cover and reinstates it with amendments to Listed Areas and blocking and trapping, effective 13 August 2026.
See the latest news and media coverage for The Swedish Club. We track all announcements, press releases, and industry mentions in real time, all in one place.
Marine mutual insurance provider
swedishclub.comLast updated
In short: The Swedish Club reported record 2025 financial results, expanded its global presence to New York, and achieved a 99% member retention rate.
The Club cancels current war risk cover and reinstates it with amendments to Listed Areas and blocking and trapping, effective 13 August 2026.
The package includes expanded shadow fleet designations, new LNG measures, and oil price cap adjustments.
The embargo poses direct threat to Saudi-linked vessels in Red Sea, especially tankers loading at Yanbu, and may impact war risks cover.
Despite a ceasefire framework, renewed sanctions and military escalation keep dangers to vessels and crews elevated.
When you click on "Accept all", you consent to ads on this site being customized to a personal profile we or our advertising partners may...
Source: The Swedish Club Nordberg: ‘Capital discipline underpins confidence that the club remains dependable, particularly in more challenging conditions...
Most of the world's largest maritime insurance firms are set to automatically terminate war-risk cover for vessels entering the Persian Gulf due to escalating risks...
The Swedish Club (TSC) has concluded its 2026 P&I renewal with a 99% retention rate.Over the past 12 months, The Swedish...
Track The Swedish Club and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Discover what's making headlines across other trending companies.