This page collates updates, publications and other material relevant to the current crisis in Ukraine. The resource page will be updated with additional material as the situation changes. Members are advised to check for updates regularly.
If Members have any queries regarding the current situation, please get in touch with the Loss Prevention team or London office Eastern Europe Underwriters
War risk exclusions
Please note that with effect from 1st January 2023 the Club has updated the list of excluded areas under its covers for War Risks, Piracy, Strikes Riots & Terrorist Risks, to reflect changes in the Listed Areas issued by the Joint War Committee (JWC) circular JWC030
EU impose further sanctions on Russia
On 15 March 2022 the EU adopted a fourth package of sanctions in response to Russia's military aggression against Ukraine
War risk exclusions
The Club has updated the list of excluded areas under its covers for Marine War Risks, Piracy, Strikes Riots & Terrorist Risks and Political Risks/WROL, to reflect changes in the Listed Areas issued by the Joint War Committee (JWC) of Lloyd's in March 2022 and the current War on Land situation
The European Union announced a significant expansion of sanctions against Russia in light the deteriorating situation in Ukraine on 25 February 2022.
We understand that the developments in Ukraine bring challenging and uncertain times for you, our Members and brokers, but also the industry as a whole and our thoughts go out to all those affected.
Ukraine Sanction explained - UK Defence Club
Sanctions against Russia as a result of the Ukraine crisis
The shocking events that are unfolding daily in Ukraine are truly dreadful, and the consequences of sanctions and restrictions will have numerous implications across the globe.
War risk exclusions February 2022
The Club has updated the list of excluded areas under its covers for Marine War Risks, Piracy and Strikes Riots & Terrorist Risks, to reflect changes in the Listed Areas issued by the Joint War Committee (JWC) of Lloyd's in February 2022
ITIC circular: UK orders its ports to block all Russian-linked ships - ITIC (itic-insure.com)
UK sanctions relating to Russia - GOV.UK (www.gov.uk)
The UK Sanctions List - GOV.UK (www.gov.uk)
OFAC Recent Actions | U.S. Department of the Treasury
Specially Designated Nationals And Blocked Persons List (SDN) Human Readable Lists | U.S. Department of the Treasury
EU restrictive measures in response to the crisis in Ukraine - Consilium (europa.eu)
European Union Consolidated Financial Sanctions List
"Supporting all Members and brokers in difficult times: we encourage you to get in touch with us if you have any queries or concerns regarding your policy or operations, either now or as the situation develops"
Charles Fenton CEO