Marine

Cargo

We provide insurance cover against physical loss or damage
to goods and equipment whilst in transit. Clients range
from small and medium sized enterprises to multinational
companies. Coverage can be on primary or excess basis.

Hull

We provide reinsurance solutions across a broad spectrum
of Marine Hull risks, including ocean-going vessels,
tankers, gas carriers, bulk carriers, container ships,
offshore support vessels, and inland/coastal fleets.
Our coverage encompasses Hull & Machinery, Increased
Value, Disbursements, Freight Interest, War Risks, and
other associated marine interests on a proportional basis.

Leveraging deep marine underwriting expertise and market
insight, we deploy meaningful capacity across a diverse
range of risks, from small vessel fleets to large
multinational shipping programs. Our disciplined
underwriting approach and long-term partnership philosophy
enable us to support clients across key international
shipping markets with tailored and sustainable reinsurance
solutions.

Capacity:

US$ 20 Million per Bottom Limit

Capacity:

US$ 10 Million Based on Top fleet Value

Geographical scope:

Worldwide
• predominantly in Middle East
• African countries
• Indian subcontinent
• CIS countries

Geographical scope:

• GCC and MENA
• Asia Pacific
• Europe including Turkey
• African countries
• Indian subcontinent
• North and South America

Worldwide excluding Israel, Syria, Yemen, Russia,
North Korea, Iran and any other countries in the said
regions that are subject to United Kingdom, European
Union, United States and United Nations sanctions.

Coverages:

Seeds and agricultural products, fertilizers

Minerals and rocks/ores

Metals and steel products

Food and beverages

Raw Materials

Vehicles and spare parts

Energy & Petrochemical / Oil / Coal / Coke

Pharmaceutical Products

Project & Heavy lift

Consumer / Retail

Military Goods

Manufactured & Industrial/Capital goods

Vessels as cargo

Livestock (Cautious preference)

Coverages:

Hull & Machinery
• Increased Value
• War
• LOH
• Freight Forwarders
• Port Risk
• Limited Conditions
• Total Loss Only
• Builders Risk
• Mortgagee’s Interest
• Innocent Owners Interest
• Single Voyage/Tow Risk
• Vessels covered range from large tankers to local
operating specialist vessels including yachts.
• Brown Water
• Specialist Craft
• Coastal Blue Water Units

Liability

We provide insurance cover against physical loss or damage to goods and equipment whilst in transit. Clients range from small and medium sized enterprises to
multinational companies. Coverage can be on primary or excess basis.

Capacity:

US$ 5 Million Based on Top fleet Value

Geographical scope:

• GCC and MENA
• Asia Pacific
• Europe including Turkey
• African countries
• Indian subcontinent
• North and South America

Worldwide excluding Israel, Syria, Yemen, Russia, North Korea, Iran and any other countries in the said regions that are subject to United Kingdom, European Union,
United States and United Nations sanctions.

Coverages:

We can offer capacity for most aspects of the International
shipping industry Marine Liabilities including:
• Charterers
• Ship Repairers
• Stevedores
• Port & Terminal Liabilities

Point of contact

Marine Department