pi_circular Insurance & claims NorthStandard
CIRCULAR REF: 2010/005CIRCULATED TO ALL WAR CLASS MEMBERS, BROKERS AND DIRECTORS Rules The War Class Rules for the 2010/2011 Policy Year will remain unchanged from those of the 2009/2010 Policy Year and are available on the Association’s web-site, www.nepia.comAdvance Contribution Rates The Directors have agreed that Advance Contribution Rates for the 2010/2011 Policy Year shall be unchanged from the 2009/2010 Policy Year and accordingly will be as follows:Cruise ShipsAll other ShipsBritish ships0.0404%0.0101%Flagged out ships0.0434%0.0107%Entered Ships which are limited to a Restricted Trading Area are entitled to pay 50% of the above rates. The Restricted Trading rate applies if the Entered Ship trades exclusively in any one of the following areas:a) Europe (not south of Gibraltar and excluding the Mediterranean and Black Sea); b) U.S.A. and Canada (excluding Panama Canal Transits); c) Australasia.The Advance Contribution will be payable in one instalment which will be due on 1 April 2010.Terms of EntryAs in the 2009/2010 Policy Year, cover under this Class will continue to include barratry, and the “Piracy, Barratry and Violent Theft” Clause that applied to all 2009/2010 Entries will apply to all 2010/2011 Entries.Additional Premium AreasWe hereby give notice that the following Additional Premium Areas shall be amended.The following Areas are deleted:3. Indonesia / Malaysia a. Ambon (Seram). f. Poso (Sulawesi).The following Area is amended:5. Philippines a. Mindanao, Southern coast of, between and including Polloc Harbour and Mati.Amended to read:5. Philippines a. Mindanao, between the ports of Polloc Harbour and General Santos inclusive.Therefore from noon GMT 20 February 2010, the Additional Premium Areas will be as follows:1. Africaa. Djibouti. b. Ivory Coast. c. Nigeria including Terminals. d. Somalia, including waters out to 250 nautical miles from the eastern Somalia coast south of latitude 10°N. e. Indian Ocean, beyond the eastern Somalia (1.d) and Gulf of Aden (4.f) areas out to 65°E, south of latitude 15°N with the southern boundary being 11°S but at 49°E, the boundary shall extend due south then east along the latitude 12°S but excluding the coastal waters of Mozambique, Kenya and Tanzania up to 12 nautical miles offshore.2. Asiaa. Thailand, Southern Gulf coast of, between and including Songkhla and Narathiwat. b. Sri Lanka.3. Indonesia / Malaysiaa. Balikpapan (South East Borneo). b. Borneo, North East Coast of, between and including Kudat and Tarakan. c. Jakarta. d. Sumatera (Sumatra), North Eastern Coast of, between 5°40’N and 0°48’N.4. Middle Easta. Saudi Arabia. b. Iraq. c. Israel. d. Lebanon. e. Yemen. f. Gulf of Aden Transit. The area enclosed by the Bab-el-Mandeb Strait, latitude 15° N, longitude 57°E and latitude 10°N.5. Philippinesa. Mindanao, between the ports of Polloc Harbour and General Santos inclusive. b. Sulu Archipelago including Jolo. Sulu Archipelago is defined as from Tanjung Bidadari (5° 49’• 6N, 118° 21’• 0E) along the east coast of Sabah to Tanjung Bagahak Light (4° 56’• 5N, 118° 38’• 3E); thence south-eastwards to Palau Mataking Light (4° 34’• 6N, 118° 57’• 0E); thence southwards to position 3° 32’• 0N, 118° 57’• 0E; thence north-eastwards to position 5° 50’• 0N, 122° 31’• 0E; thence northwards to position 7° 06’• 6N, 122° 31’• 0E; thence westwards to Batorampon Point Light (7° 06’• 6N, 121° 53’• 8E); thence west- south-westwards to Tanjung Bidadari.6. Eastern Europea. Georgia7. South Americaa. VenezuelaThe ports, places, countries zones and areas listed shall include all harbours, offshore and installations and terminals unless otherwise stated.Notice must be given to the Association before an Entered Ship proceeds into an Additional Premium Area. The Association will endeavour to provide indications of Additional Premium levels at any time but firm quotations will not normally be available until the Entered Ship is within 48 hours of arrival into the Additional Premium Area.Insured Values
War Risks Renewal 2010 2011
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