Top Banner
Our Marine & Aviation business Asia Pacific
11

Our Marine & Aviation business · aviation business handles a globally diverse portfolio of business. Our airline clients range from small fleets to large international carriers,

Aug 07, 2020

Download

Documents

dariahiddleston
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: Our Marine & Aviation business · aviation business handles a globally diverse portfolio of business. Our airline clients range from small fleets to large international carriers,

Our Marine & Aviation business

Asia Pacific

Page 2: Our Marine & Aviation business · aviation business handles a globally diverse portfolio of business. Our airline clients range from small fleets to large international carriers,

Marine & Aviation 3

Your partner for a new world of opportunity

As the world becomes more connected, the scope for global trade will continue to grow in scale and value.

New markets are emerging all the time, waiting for the right conditions for trade to flourish. We can help you secure those conditions. As your insurance partner we provide the continuity you need to build and sustain profitable trading relationships.

Having the right insurance can help you secure financial support, obtain licences and negotiate the complex laws of trade, while providing the certainty that you’re covered in the event of a contractual dispute.

We understand your world, we have the necessary expertise and resources, and we’re ready to work with you over the long term, together opening up a new world of opportunity.

“ Our commitment to service, both underwriting and claims, sets us apart as the insurance partner of choice for a connected world.”

Andrew Wright,

Global Managing Director, Marine & Aviation

2 Marine & Aviation

MS Amlin is a leading insurer and reinsurer, and part of the global top-10 insurance group MS&AD. With a 300-year record and more than 2,400 people in 26 locations worldwide, we deliver continuity for businesses facing the most complex and demanding risks. In turn, this promotes continuity and prosperity around the world.

Page 3: Our Marine & Aviation business · aviation business handles a globally diverse portfolio of business. Our airline clients range from small fleets to large international carriers,

4 Marine & Aviation

Our Marine & Aviation business is built on technical expertise, superb service and a commitment to deliver commercial value for you, through lasting relationships.

A comprehensive range of productsWe provide continuity across an extremely broad range of trades and sectors. We specialise in complex, challenging risks that require innovative solutions. Our service brings together nine product lines, with experts who can make the decisions necessary to safeguard your interests.

World-class expertiseOur people are our greatest asset, giving you the advantage of deep sector knowledge and commercial experience in underwriting and claims across all our product lines. Our underwriters are frequently called to contribute to external bodies, speak at industry events and provide guidance during major incidents.

Why partner with us?

Marine & Aviation 5

Get in touch

Er JunRegional Manager & Senior Underwriter Marine

+065 6557 0730 [email protected]

Colin SimsConsultant Yacht

+852 2855 [email protected]

Xu CenUnderwriter P&I

+65 6645 [email protected]

Clare O’ConnorUnderwriter War, Terrorism and Political Risk

+65 6645 [email protected]

David Chan Underwriter Hull & Yacht

+852 2855 [email protected]

Rebekah KhewPrincipal Officer, Hong Kong and Senior Underwriter Marine

+852 2855 [email protected]

Timothy Lee Senior Underwriter Hull & Yacht

+852 2855 6965 [email protected]

Ian SimonsUnderwriter Energy

+65 6645 9362 [email protected]

Hui Chen OwUnderwriter Energy

+65 6557 0582 [email protected]

Nick BridgesUnderwriter Aviation

+65 6645 0682 [email protected]

Global Management

Andrew WrightGlobal Managing Director M&A

+44 (0)20 7746 [email protected]

Martin HewettUnderwriting Director AISE

+31 (0)10 799 [email protected]

David OverallSenior Executive Officer Middle East M&A

+971 4709 [email protected]

Miles TaffsRegional Director Lloyd’s M&A

+44 (0)20 7746 [email protected]

Folkert Strengholt Managing Director MS Amlin Marine N.V.

+31 (0)10 242 [email protected]

Simon Clarke CEO Asia Pacific M&A

+65 6557 [email protected]

Local Team

Page 4: Our Marine & Aviation business · aviation business handles a globally diverse portfolio of business. Our airline clients range from small fleets to large international carriers,

Marine & Aviation 7

“ By bringing together different product lines we enable you to have everything integrated through a single partnership with a dedicated team.”

Miles Taffs,

Regional Director, Lloyd’s

6 Marine & Aviation

H U L LP & I L I A B I L I T YY A C H T

A I R C R A F T

H U L L

O I L P L A T F O R M S

P A S S E N G E R S

P A S S E N G E R S

W A R T E R R O R I S M A N D P O L I T I C A L

R I S K T E A MA V I A T I O NE N E R G Y

I N T H E A I R

L A R G E S H I P S - H U L L

S M A L L E R S H I P S

C A R G O I N S I D E

C R E W O N T H E P L A T F O R M

C R E W O NT H E S H I P

L A R G E S H I P C A R G O C R E W

P O R T W O R K E R S

C A R G O S P E C I E

O N T H E W A T E R O N L A N D

P R O P E R T Y ( E G C O M M E R C I A L B U I L D I N G )

P O R T S

S M A L L S H I P S

L U X U R Y Y A C H T

S P E C I A L C R A F T

S A I L B O A T S

H U L LF P P & I L I A B I L I T YY A C H T

A I R C R A F T

H U L L

O I L P L A T F O R M S

P A S S E N G E R S

P A S S E N G E R S

W A R T E R R O R I S M A N D P O L I T I C A L

R I S K T E A MA V I A T I O NE N E R G Y

I N T H E A I R

L A R G E S H I P S - H U L L

S M A L L E R S H I P S

C A R G O I N S I D E

C R E W O N T H E P L A T F O R M

C R E W O NT H E S H I P

L A R G E S H I P C A R G O C R E W H A R B O U R W I T H B O A T S

P O R T

W O R K E R S

C A R G O S P E C I E

O N T H E W A T E R O N L A N D

P R O P E R T Y ( E G C O M M E R C I A L B U I L D I N G )

P O R T S

S M A L L S H I P S

Support throughout the chain

We provide peace of mind throughout the distribution journey. By working across multiple locations and diverse product lines (for example giving you a single solution that packages upstream energy and liability) we help to make sure your assets are protected and the machinery of global trade works efficiently for you.

Page 5: Our Marine & Aviation business · aviation business handles a globally diverse portfolio of business. Our airline clients range from small fleets to large international carriers,

040301

02

06

07

08

01. LondonMS Amlin Underwriting Limited The Leadenhall Building 122 Leadenhall Street London EC3V 4AG

T: +44 (0)20 7746 1000

02. ParisAmlin Insurance SE 58 bis rue La Boétie F-75008 Paris France

T: +33 (0)1 44 70 7100

03. AntwerpAmlin Insurance SE De Keyserlei 5 box 31 B-2018 Antwerp Belgium

T: +32 (0)3 222 27 11

04. RotterdamAmlin Insurance SE Beurs World Trade Center Beursplein 37 3011 AA Rotterdam Netherlands

T: +31 (0)10 799 58 00

MS Amlin Marine N.V. Fascinatio Boulevard 622 2909 VA Capelle A/D Ijssel Netherlands

T: +31 (0)10 242 50 00

05

05. HamburgMS Amlin Marine N.V. Axel-Springer-Platz 3, 20355 Hamburg Germany

T: +49 (0)40 8090 84010

06. DubaiMS Amlin (MENA) Limited Level 3 Precinct Building 2 DIFC P.O. Box 506929 Dubai – UAE

T: +971 (0) 4709 6900

07. SingaporeMS Amlin Asia Pacific Pte Ltd 138 Market Street, #03-01 CapitaGreen Singapore 048946

T: +65 6557 0580

08. Hong KongMS Amlin Asia Pacific Pte Ltd Level 3 Three Pacific Place 1 Queen’s Road East Admiralty Hong Kong

T: +852 2855 6930

Marine & Aviation 98 Marine & Aviation

Local support worldwide

We have offices in multiple locations, so wherever you are, you can expect the support of a team that speaks your language, understands your priorities and is familiar with local markets and customs.

“ We offer our clients local access to, and seamless delivery of, our global products and analytical expertise.”

Simon Clarke, CEO, Asia Pacific M&A

Page 6: Our Marine & Aviation business · aviation business handles a globally diverse portfolio of business. Our airline clients range from small fleets to large international carriers,

Marine & Aviation 1110 Marine & Aviation

A strong partnership

We put clients at the heart of everything we do, building strong working relationships with the strength to last. Our approach is collaborative and focused on your priorities. Our underwriting and claims teams work closely together with our brokers and clients for continuity of service.

A claims service that puts you firstThe measure of any insurer is how they respond when a claim is made. Our clear ambition is to get the right outcome for your business and we will work hard to achieve this swiftly in the event of a claim, with dedicated teams ready to manage everything in the way that works best for you. We take a highly proactive approach, constantly developing our people, and staying closely in touch with brokers and clients.

Our award winning service has been recognised for the experience of our people, how accessible they are and the relationships they have with clients.

“ They work alongside us building a significant relationship.”

Marine Broker,

The Gracechurch Report: London Insurers 2016

“ Well-established, knowledgeable and responsive.”

Aviation and Space Broker,

The Gracechurch Report: London Insurers 2016

Page 7: Our Marine & Aviation business · aviation business handles a globally diverse portfolio of business. Our airline clients range from small fleets to large international carriers,

Marine & Aviation 1312 Marine & Aviation

Continuity through financial strength

Our underwriting subsidiaries are highly rated for their financial strength. We also benefit from the exceptionally high ratings of the MS&AD Group, the eighth largest non-life insurer in the world, as well as being part of the Lloyd’s of London Chain of Security.

Financial strength

*Lloyd’s syndicate assessment

MS&AD Group

A+ (Stable) AM Best

A+ (Stable) S&P

A1 (Negative) Moody’s

Syndicate 2001

A (Excellent) AM Best

4+ (Stable)* S&P

A2 (Stable) Moody’s

£3,005m2016 Gross written premium

£2,908m2016 Net Tangible Assets*

+20yrsWealth of experience Senior Management average years industry experience

£100mClaims services Amount of funds settled using MS Amlin Advance to date

OV

ER

MS Amlin at a glance

Amlin Insurance SE

A (Stable) S&P

Lloyd’s

A (Excellent) AM Best

A+ (Strong) S&P

AA- (Very Strong) Fitch* The increase in net tangible assets is largely attributable to the acquisition of MSILM and MSFRe, and an equity injection by MSI Japan to replace the subordinated debt of MS Amlin. Other factors contributing to the increase are defined within the MS Amlin plc Annual Report on pages 15-16.

45%

2016 Gross written premiumby strategic business unit

ReinsuranceMarine & AviationProperty & Casualty

15%

40%

31%

2016 Gross written premiumby geography

North AmericaEuropeUKOther

26%

25%

18%

2016 Gross written premiumby M&A product group

HullCargoYachtP&IWarLiabilityAviationEnergySpecie

20%

12%11%

10%

11%

16%

10%

7%

3%

GWP £3,005m

GWP £3,005m

GWP£459m

Page 8: Our Marine & Aviation business · aviation business handles a globally diverse portfolio of business. Our airline clients range from small fleets to large international carriers,

Marine & Aviation 15

Our product groups

AVIATION

Run by a highly experienced underwriting team, our aviation business handles a globally diverse portfolio of business.

Our airline clients range from small fleets to large international carriers, and include major airframe and component manufacturers, general aviation aircraft operators, airports, refuellers and refiners, air navigation service providers and ground handlers.

We provide a bespoke service and our underwriters frequently travel to meet directly with clients. We manage complex risks in challenging regions of the world, and we can guide you through the many contractual relationships that exist in the industry.

CARGO

Through intelligent use of data, analysis and experience, we provide cover for cargo and transit by land, sea and air across most parts of the world.

We protect against loss and/or damage to goods both in transit and in storage, often in areas where infrastructure is poor and weather unpredictable. We cater for small, straight-forward requirements as well as large, complex and capacity-driven risks.

Our major business areas include stock-throughput, storage, project cargo and capital equipment, including delay in start-up, manufactured goods and heavy-lift, as well as oil and other commodities. We also provide comprehensive cover for inland transits, and the worldwide import, export and cross-voyage of goods. We can deliver this through delegated authorities and brokers’ lineslips.

HULL

Our portfolio of hull and machinery business is both large and varied. We provide expert underwriting, but more than this too — giving you a service that provides far-reaching support.

We offer coverage for vessels of all sizes, from the smallest harbour craft to the largest ocean greyhounds. We specialise in a number of key shipping sub-sectors, including blue water hull, dredgers, heavy lift, offshore supply and small craft.

Our experienced team write all sub-classes of hull coverage, including niche products such as builders’ risk, restricted conditions, mortgagee’s interest, tows/final voyage and loss of hire. We also underwrite marine hull war and piracy risks, and offer tailored balance sheet protection to guard against these unpredictable dangers.

14 Marine & Aviation

Multiple products, locally delivered

We give you the benefit of nine independent yet fully integrated product specialisms.

Page 9: Our Marine & Aviation business · aviation business handles a globally diverse portfolio of business. Our airline clients range from small fleets to large international carriers,

Marine & Aviation 17

UPSTREAM ENERGY

Energy is a key enabler of global trade, but the market is challenging, competitive and volatile. We understand this environment and our clients value the continuity we provide.

You can expect us to deliver solutions quickly and with absolute transparency. We cover exploration and production-focused risks globally, offering a range of coverage for oil and gas operators, such as independent exploration and production operators, onshore and offshore contractors, and national oil companies.

The protection we provide can include physical damage to property and equipment, control of well (operators’ extra expense), business interruption and offshore construction.

WAR, TERRORISM & POLITICAL RISKS

We have the knowledge, network and strength to bring continuity for businesses trading in the face of geopolitical conflict.

We actively seek out creative methods of helping businesses to continue their operations. We are flexible, resourceful and knowledgeable, thinking laterally about the problems and working together with clients to solve them.

We provide insurance solutions for marine, property and aviation assets against the dangers of political violence and geopolitical instability, and the implications of political risks and trade credit.

We offer political violence cover for almost any type of asset, including commercial property, power stations and petrochemical facilities, cargo stocks during storage and fine art collections.

For political risk we protect clients from foreign government interference such as confiscation, expropriation, nationalisation, deprivation and license cancellation, contract frustration, trade credit risks, currency inconvertibility on trade related transactions and lenders’ interest.

YACHT

We are among the UK’s leading providers in yacht insurance, with a team of knowledgeable, experienced and client-focused professionals.

We cover the full spectrum of marine craft, from a much loved rowing boat to multi-million pound super-yachts and almost everything in between, including canal boats, blue-water cruisers, charter yachts, craft involved with commercial activity and racing yachts.

In addition we provide marine trade packages, which cover both property and marine and non-marine liabilities.

We deliver a service based on years of experience on the water, giving us a deep understanding of your requirements and expectations.

16 Marine & Aviation

Our product groups

MARINE LIABILITY

We use our detailed knowledge of the marine market to help our broker partners support our mutual clients, creating peace of mind, confidence and continuity.

Our portfolio includes:

Worldwide watercraft liabilities including protection & indemnity, charterers’ liability, crew and employees, social responsibility insurance and vessel pollution.

Ports, terminals, shipyards and marinas, including incidental exposures together with excess liability programmes. This includes liabilities associated with all road, rail and air transit; transportation and incidental storage exposures including carriers’ liability, cargo and container liability, transport and handling equipment liability, seepage and pollution and shore-side construction. We also consider specialist contractual liabilities, hazardous pollution risks and other risks associated with the areas above.

Our energy portfolio includes upstream exploration and production companies, drilling and well service contractors, offshore construction projects and pipeline operators.

PROTECTION & INDEMNITY (P&I)

Through our experience working with clients on a wide range of complex requirements, we’ve developed solutions that span the entire marine market.

Our approach is holistic, working with you to help avoid or minimise your exposure to risk. Our marine P&I clients include ship owners, charterers, traders, port authorities, logistics operators, special craft, fishing vessels and others involved in shipping around the world.

Our cover includes charterers’ liability, ship owners’ P&I, inland craft P&I, multimodal, ports and logistics, marine defence and insurance (FD&D), marine traders’ insurance ancillary covers, blue card and bunker convention liability cover.

SPECIE

We provide cover and protection for the unusual, desirable and unique, as well as items with high value due to their importance to global trade.

We insure some of the largest and best-known museums and exhibitions around the world. Our cover includes fine art, vault risks, cash, precious metals in transit or storage and insurance for securities.

We also insure companies producing precious metals and stones from some of the world’s largest mines, as well as providing cover for secondary market dealers.

Page 10: Our Marine & Aviation business · aviation business handles a globally diverse portfolio of business. Our airline clients range from small fleets to large international carriers,

Marine & Aviation 19

We look forward to working with you

“ In a complex and interconnected world, our role in delivering continuity matters more than ever. Enabling the people we serve to face the future with clarity and confidence. Supporting continuity for communities and societies around the world”.

Charles Philipps, CEO

For further information please contact the relevant expert on page 5,

or visit us online at www.msamlin.com

Page 11: Our Marine & Aviation business · aviation business handles a globally diverse portfolio of business. Our airline clients range from small fleets to large international carriers,

MS Amlin Asia Pacific Pte Ltd Level 3, Three Pacific Place 1 Queen’s Road East Admiralty Hong Kong

T: +852 2855 6930

msamlin.com

© July 2017. The information contained herein is intended to be for informational purposes only and is correct at the time of printing. This brochure is not, and is not intended to be construed as, an offering of MS Amlin securities in the United States or in any other jurisdictions where such offers may be unlawful. The services and products mentioned in this brochure may not be available in the United States or in jurisdictions where Lloyd’s does not have a trading license. Potential insurers should consult with an appropriately licensed broker in their area for further information. MS Amlin Asia Pacific Pte Limited is approved by the Monetary Authority of Singapore to underwrite on behalf of the members of Syndicate 2001 at Lloyd’s. Registered in Singapore No. 200711910C. Registered office 138 Market Street #03-01 CapitaGreen Singapore 048946. Registered Non-Hong Kong Company. 35F Central Plaza, 18 Harbour Road, Wanchai, Hong Kong Cr. F0021764.

MS Amlin Asia Pacific Pte Ltd 138 Market Street, #03-01 CapitaGreen Singapore 048946

Tel: +65 6557 0580

msamlin.com