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The Standard War Risks Club provides Hull and War Risks cover, principally for
British shipowners.
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The Standard War Risks Club was founded in the UK in 1913 to provide Hull and
P&I War Risks cover, including detention and diversion expenses, for
British shipowners.
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The Club can now cover ships that do not fly the British flag or that are not
British beneficially owned.
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The Standard War Risks Club is a member of the Combined Group of War Risks
Clubs, which pool claims and purchase reinsurance from the commercial
reinsurance market.
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The Club has substantial free reserves, which have been used in recent years to
subsidise the already low premium costs for its members.
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In addition to a substantial amount of directly entered tonnage, the Club
reinsures a Canadian counterpart called The Canadian Shipowners Mutual
Assurance Association.
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