Member circulars
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2/2018: Iran trading – fixed premium P&I cover update
MEMBER CIRCULAR 02/201814 MAR 2018
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This Circular is intended to update Members on the current solution to the reinsurance recovery shortfall risk under Gard’s Fixed Premium P&I Excess Loss reinsurance programme applicable for the policy year running to 20 February 2019.
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1/2018: Implementation of the EU General Data Protection Regulation 2016/679 – General Guidance to Members
MEMBER CIRCULAR 01/201821 FEB 2018
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The General Data Protection Regulation (GDPR) will come into force on 25 May 2018 when it will have direct effect in the EU/EEA.This general guidance intends only to provide a brief introduction to the GDPR, as relevant to Gard P&I and its Members. The impact of the Regulation will most often be felt in claims relating to personal injury and illness or other cases involving data originating from natural persons.
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12/2017: Lloyd’s Open Form (LOF) and Side Agreements
MEMBER CIRCULAR 12/201709 FEB 2018
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A standard LOF will be used in most situations where an entered ship is in peril and hence in need of salvage services. However, we are aware that Members (and their Hull insurers) in certain circumstances may choose to vary the standard LOF and/or SCOPIC terms by entering into so-called “side agreements” or “side letters” with a salvor.
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11/2017: Reinsurance arrangements for the 2018 policy year arranged through the International Group of P&I Clubs – special P&I war risks cover
MEMBER CIRCULAR 11/201707 FEB 2018
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This Circular sets out the reinsurance arrangements through the International Group of P&I Clubs for the 2018 policy year for P&I entries with Gard and covers, inter alia, the structure of the cover arranged through the International Group Pool and the special P&I war risks cover, including bio-chem risks.
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10/2017: Maritime Labour Convention 2006 As Amended (MLC) – Liability for Uninsured MLC Liabilities
MEMBER CIRCULAR 10/201701 FEB 2018
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This Circular reminds Members of the need to obtain the authority of all joint assureds on the policy to sign the MLC Undertaking on their behalf and to bind them to their obligations under the MLC Extension Clause 2016, and to remind all Co-Assureds, Members and Joint Members that they are jointly and severally liable to reimburse the Club for any MLC liabilities falling outside standard P&I cover.
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9/2017: Revised version 3.0 of the IG/CINS Guidelines for the Carriage of Calcium Hypochlorite in Containers
MEMBER CIRCULAR 09/201716 JAN 2018
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The International Group of P&I Clubs and the shipping line members of the Cargo Incident Notification System (CINS) have issued a revised version of the Guidelines for the Carriage of Calcium Hypochlorite in Containers.
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8/2017: Amendments to Rules 2018
MEMBER CIRCULAR 08/201703 JAN 2018
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This Circular outlines the amendments to the Rules for Ships and the Rules for Mobile Offshore Units which will enter into force at noon GMT on 20 February 2018.
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7/2017: United States Coast Guard (USCG) – Vessel Response Plans (VRPs), Hawaii - Dispersant Tier 1 and Average Most Probable Discharge (AMPD) Coverage effective 1 January 2018, Oil Spill Response Organisations (OSROs) – MSRC, NRC and Clean Islands Counci
MEMBER CIRCULAR 07/201722 DEC 2017
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Members are referred to the recent Client Advisory Notices issued by MSRC and NRC informing shipowners that, with effect from 1 January 2018, all required OSRO coverage in Hawaii will now be provided directly by MSRC or NRC. MSRC will also have the necessary OSRO Classifications from the USCG to meet the planning timeframes in the High Volume Port Area of St Croix in the US Virgin Islands and will provide coverage for vessels operating in the Great Lakes/Mississippi River System. MSRC is also once again able to provide shipowners calling Port Hueneme, California with the capability to meet the California State regulatory coverages. -
6/2017: Honduras – oil spill response – new requirements
MEMBER CIRCULAR 06/201720 DEC 2017
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New oil spill response requirements in Honduras. These will come into force on 1 January 2018 and will apply to both tank and non-tank vessels.
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5/2017: Review of policy years; Premium rating for the 2018 policy year; Half-year status report as at 20 August 2017
MEMBER CIRCULAR 05/1726 OCT 2017
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We are pleased to report that the financial position of Gard P. & I. (Bermuda) Ltd. and its subsidiaries remains strong on a consolidated basis, as of the 20 August 2017.
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4/2017: International Convention for the Control and Management of Ships' Ballast Water and Sediments and US Ballast Water Management (BWM) Regulations
MEMBER CIRCULAR 04/201715 JUL 2017
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We refer Members to our Circular 17/2016 on the IMO’s International Convention for the Control and Management of Ships' Ballast Water and Sediments (the “Convention”) that will enter into force on 8th September 2017, and the US Coast Guard (USCG) regulations requiring the installation on most vessels operating in US waters of a BWM system that meets the USCG’s stricter testing standards at the first scheduled dry docking after 1st January 2016.
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3/2017: BIMCO/ISCO Standard Spill Response Contracts, RESPONSECON and US RESPONSECON
MEMBER CIRCULAR 03/1710 JUL 2017
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Members are informed that BIMCO and ISCO have launched two standard contracts, RESPONSECON and US RESPONSECON, for the hire of specialised spill response services and equipment. The contracts were drafted by a project sub-committee representing industry and chaired by a representative from the International Group. They conform with the International Group's Guidelines on Vessel Response Contracts.
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2/2017: Notice of Annual General Meeting of Assuranceforeningen Gard - gjensidig -
MEMBER CIRCULAR 02/201715 JUN 2017
The Annual General Meeting of Assuranceforeningen Gard - gjensidig - will be held at the offices of Gard AS, in Arendal, Norway on, on 1 September 2017.
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1/2017: Review of policy years - Release calls
MEMBER CIRCULAR 1/201709 MAY 2017
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The Boards of Directors of Gard P. & I. (Bermuda) Ltd. and its subsidiaries have noted that the Association’s financial position continues to strengthen, and are pleased to report that no Deferred Call for the 2016 policy year will be levied against the Members.
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20/2016: STOPIA 2006 (as amended 2017) and TOPIA 2006 (as amended 2017) – 2017 amendments
MEMBER CIRCULAR 20/201620 FEB 2017
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The International Group initiated a review at the start of 2016, with the participation of the 1992 Fund Secretariat and the OCIMF. The outcome of the review initiated by the International Group at the start of 2016 highlighted that the total cost of claims paid by shipowners under the system in this ten year period was significantly higher than the total cost of claims paid by cargo contributors in the same period. However, following consultation with ICS and Intertanko, the International Group decided on this occasion not to implement any of the measures in the Agreements to adjust the financial burden.
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19/2016: Reinsurance arrangements for the 2017 policy year arranged through the International Group of P&I Clubs
MEMBER CIRCULAR 19/1615 FEB 2017
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This Circular sets out the reinsurance arrangements for the 2017 policy years for P&I entries with Gard.
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18/2016: Amendments to the Rules 2017
MEMBER CIRCULAR 18/201618 JAN 2017
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This Circular outlines the amendments to the Rules for Ships and the Rules for Mobile Offshore Units of both Assuranceforeningen Gard - gjensidig – and Gard P. & I. (Bermuda) Ltd which will enter into force at noon GMT on 20 February 2017.
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17/2016: International Convention for the Control and Management of Ships' Ballast Water and Sediments 2004 and US Ballast Water Management Regulations
MEMBER CIRCULAR 17/201613 JAN 2017
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The IMO’s International Convention for the Control and Management of Ships' Ballast Water and Sediments, 2004 will enter into force on 8 September 2017. Under the Convention, all ships engaged on international voyages will be required to manage their ballast water and sediments to a certain standard, according to a ship-specific BWM plan, approved by the Member’s Flag Administration. All ships will also have to carry a ballast water record book and an international BWM certificate. The United States (US) is not a State Party to the Convention but has its own requirements. This Member Circular contains information on the BWM Convention itself and details of the US requirements. -
16/2016: Maritime Labour Convention 2006 as amended (MLC) - Application process for MLC Certificates
MEMBER CIRCULAR 16/201604 NOV 2016
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Reference is made to our Circular No. 13/2016 dated October 2016 advising that all Clubs in the International Group would shortly provide information to Members about the process for obtaining MLC Certificates. The purpose of this Circular is to inform Gard Members of the application process.
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15/2016: A transparent approach to remuneration, compliance and authorisation for brokers and other intermediaries
MEMBER CIRCULAR 15/1627 OCT 2016
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The Gard group wishes to promote the exercise of proper practice when conducting business through brokers and other intermediaries. Besides improved ‘Know Your Client’ procedures, we will in particular ensure that payments of remuneration to brokers, and other intermediaries being the agents of the insured, are transparent and meet the best practice requirements under governing legislation.