We are one of the leading Marine Hull insurers in the Asia Pacific region, with underwriting teams in Singapore and Hong Kong. We are ideally located for both Asian trading fleets and locally owned and/or managed blue water vessels trading worldwide.
Our portfolio ranges from VLCC/ULCC’s and Cape Size Bulk Carriers through to small tugs and barges with no restriction on age, size or vessel type. We are recognised leaders in offshore oil and gas support vessels and our portfolio includes many market leading operators in this sector.
We lead the majority of the business that we write and work very closely with our claims team to offer a seamless, efficient service to our clients. This includes providing seminars and ‘best practice’ workshops where required.
We are not bound by any treaty restrictions and can write the following classes of business:
- Hull & Machinery
- Increased Value (on a ‘stand-alone’ basis if required)
- Builders’ Risks
- Owners’ Additional Interest
- Mortgagees Interest
We are able to write these risks in conjunction with other marine or non-marine risks, such as associated vessels or onshore property/machinery where required.
We can write business on a primary, excess of loss, surplus and quota share basis and can consider Hull and Machinery specific treaties on a case-by-case basis.
Expertise in Marine Hull
Catlin has written this class of business since it began underwriting in 1985 and it has formed one of the cornerstones of both the Singapore and Hong Kong offices since both were set up. We write business on a direct and reinsurance basis, via brokers and via underwriting agents. We are acknowledged as leaders in hull and its related classes and enjoy excellent relationships with the broking and wider shipping community.
We offer flexibility and availability to brokers, together with fast response times and an excellent claims service.