Search results 0

Cargo ship loaded with containers close to coast

Club News

Kidnap for Ransom & Hijack Insurance – Terms for 2025

The Swedish Club Kidnap for Ransom & Hijack Insurance protects our members against financial loss that arises in connection with crew and/or a vessel being seized or detained for ransom. The product, which is an annual cover, includes protection against various costs and access to experts that will assist in resolving the incident successfully.

As per 1 January 2025, Cabo Delgado will no longer be an AP area.

Breach Areas:

  • Breach Area A – Indian Ocean / Gulf of Aden
  • Breach Area B – Gulf of Guinea

Available Limits:

  • USD 5 million
  • USD 7.5 million
  • USD 10 million

Available Discounts

  • Armed Guards

Available Options:

  • K&R Loss of Hire