Trusted by cedants across the Global South
Marine & Logistics
Securing the arteries of global trade by providing robust capacity for cargo, hull, and complex supply chain risks.
- +4.5%
- Global South Trade Growth Annual
- 40+
- Target Emerging Markets
- 55%
- Uninsured Transit Risk
- $2.5T+
- Annual Maritime Corridor Value
Our Approach
A better way to manage underwriting volatility
For primary insurers, marine portfolios are highly sensitive to geopolitical shifts, port accumulations, and climate-induced transit delays. We provide the capital depth and technical expertise required to stabilize these portfolios, ensuring that local insurers can back the massive scale of international trade without compromising their balance sheets.
- 01
Hull & Machinery (H&M) Protection
- We provide significant capacity for brown-water and blue-water hulls, specializing in the aging fleets often found in emerging markets. Our treaties help insurers manage the high-severity, low-frequency risks of total loss and salvage.
- 02
Cargo & Specie Solutions
- From agricultural bulk commodities to high-value tech, we offer treaties that cover the entire transit journey. We specialize in managing the "accumulation risk" at major Global South ports where thousands of containers are staged at once.
- 03
Liability & Supply Chain Resilience
- We support our partners in covering complex liabilities, including Protection and Indemnity (P&I) gaps and "Delay in Start-Up" (DSU) for large-scale infrastructure projects reliant on global shipping.
Always in the Loop
Intelligence that keeps cedants ahead.
Our partners receive continuous analytical support — turning raw risk data into precise underwriting decisions.
Port Accumulation Monitoring
- Our partners receive access to satellite-based tracking to visualize real-time cargo concentration at major ports, helping prevent over-exposure during peak seasons or regional disruptions.
Vessel Tracking & Risk Analytics
- We provide deep-dive analytics on vessel ages, flag states, and route safety to help our cedants refine their hull underwriting guidelines for higher-risk maritime corridors.
FAQs
Frequently asked questions
- How does Treaty Reinsurance improve capital efficiency?
- By offloading the "Total Loss" and "General Average" risks associated with large vessels and high-value cargo, we reduce the solvency pressure on primary insurers, allowing them to participate in larger global trade contracts.
- What is the typical duration of a treaty arrangement?
- Most Marine treaties are structured on an annual "Risks Attaching" (RAD) basis, aligning with the typical 12-month policy period of cargo and hull insurance.
- How are claims handled within this Line of Business?
- As a reinsurer, we follow the settlements of the primary insurer ("Follow the Fortunes"). For major maritime casualties, we provide immediate support and technical expertise to manage complex salvage and general average adjustments.
- Do you offer tailored wording for specific regulatory zones?
- Yes. We specialize in drafting wording that aligns with the Institute Cargo Clauses (A, B, C) while incorporating local maritime laws and regional trade requirements specific to the Global South.
- How do you support cedants with technical data?
- We provide regular RST based inputs and AIS (Automatic Identification System) vessel tracking data. This helps our cedants monitor their exposure in real-time, especially in high-congestion or high-peril zones.
- Can you assist with the "Profit Commission" calculation?
- Absolutely. We provide the actuarial backing to manage performance-linked commissions, ensuring that the profit-sharing between the cedant and the reinsurer remains transparent and rewarding for high-quality underwriting.
- How is accumulation risk managed during peak trade seasons?
- We use spatial analytics and port-level data to monitor the "value-at-risk" in static locations like warehouses and shipping terminals. This allows us to advise cedants on adjusting their limits before accumulation exceeds their retention capacity.
- What is the role of the reinsurer in maritime surveys?
- While the primary insurer manages the local loss adjustment, we provide access to a global network of specialized marine surveyors to verify damage to hulls or complex machinery, ensuring the settlement follows international best practices.
Catalyst Series
