The Syndicate prides itself on offering its members a comprehensive range of insurance covers backed up by worldwide entities known for their highly technical skills and financial solidity.
Lines of Business:
Cargo – War
This product is based on standard Institute War & SRCC Clauses (Cargo) and cover is extended to cover physical losses or damages caused by war, civil war, rebellion, revolution and other War related perils.
We can write up to USD 250m on any one policy
Hull – War
This insurance covers marine war and related perils, including terrorism and piracy, which are normally excluded from a standard Marine Hull and Machinery policy.
The product is based on recognized international conditions such as the Institute War and Strike Clauses.
We can write up to USD 200m on any one vessel of Arab FOM (Flag, Ownership, and Management)
War on Land (WOL)
This insurance covers loss of, or damage, caused by war revolution, strike or hostile act, seizure arrest capture or detainment or derelict weapons of war for land transit shipments .
We can write up to USD 14M on any one risk
Aviation – War (Airline / Non-Airline)
This insurance covers against War and related perils for Airline and non-Airline Hulls and/or other interests, warranted syndicate member state registered.
This facility is offered on facultative basis.
Sabotage & Terrorism (S&T) – Political Violence (PV)
This insurance covers against loss or damage and the ensuing loss of income, caused by acts of terrorism, sabotage and political violence.
We can write up to USD 80M on any one risk.
Passive War
This insurance covers death or disablement caused directly as a result of war, invasion, acts of foreign enemies, hostilities or war-like operations, civil war, rebellion, revolution, insurrection or martial law.
We can write up to USD1.1M on any one life/USD 8.25M per event
Ship Builders/Repairers (War)
This insurance is designed for ship repairers and provides care, custody & control for damage to vessels under repair or alteration by the Insured due to war.
We can write up to USD50M on each vessel or risk.