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) Cargo | US$ | 5,000,000 |
B) Marine Hull and allied interests | US$ | 5,000,000 |
C) Marine Liabilities (including P&I) | US$ | 15,000,000 |
Net retention | US$ | 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% |