Reinsurance protection

Reinsurance protection

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AMT Insurance enjoys high quality reinsurance protection for its Marine Account. Marine Hull, Liabilities and Cargo portfolios are protected by E/L Treaty placed with international market.

Limits of cover:

A) CargoUS$5,000,000
B) Marine Hull and allied interestsUS$5,000,000
C) Marine Liabilities (including P&I)US$15,000,000
Net retentionUS$500,000

Treaty Leader is Lloyd’s Syndicate 1084, Chaucer, with a 10% share. Along with the other supporting Syndicates Lloyd’s of London carries 31% in total. Hannover Re's signed share is 30%. The rest lines of 34% in total are signed by recognized international reinsurers.

All the participants enjoy “investment” (S&P scale) or “secure” (A.M. Best scale) ratings.

SECURITY SHARE RATING (S&P / A.M. Best)
SECURITY SHARE RATING (S&P / A.M. Best)
LLOYD'S OF LONDON  36,00% A +
HANNOVER RE  30,00%  AA - 
POLISH RE  9,50% BBB +
LANSFORSAKRINGAR 7,00%  AA +
GIC 6,00%  A - (AM BEST)
KUWAIT RE 6,00% BBB +
AIG EUROPE 5,00%  A - (AM BEST)
TRIGLAV RE 3,00% A -
MILLI RE 2,50% trAA +
TOTAL: 100,00%
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