Swiss Re Global Marine Your trusted partner when navigating the seas

Swiss Re Marine writes both treaty and facultative reinsurance within the same team. Our expansive product offerings, which cover all major Marine and Energy Offshore classes, our robust capital strength and our close client partnerships allow our crew of experienced and multilingual underwriters to offer innovative and tailored reinsurance and structured solutions that go beyond standard reinsurance offerings.

Our well-founded underwriting, sound steering and consistent approach provide our clients with business relevant reinsurance products and insights, from one underwriter to another.

We strive to make the world more resilient by developing innovative protection products in order to advance sustainable shipping solutions.

We are the number one marine reinsurer. Risk is our business.

Together we navigate, explore, innovate and make the marine world more resilient.

Working at the frontier of technology, we help our clients succeed and society advance.

Swiss Re Marine is a trusted partner for navigating the stormiest of seas.You look ahead. We have your back.

At Swiss Re Global Marine, we combine local access and knowledge with global capacity and experience. With offices in eight locations, we represent a reliable partner for our clients to work and grow with.

Sao Paolo

New York (Armonk)

Miami

Singapore

Hong Kong

Zurich

Munich

London

More than 90% of international trade is transported across the world by merchant ships, leading to substantial CO2 emissions (1).

Swiss Re is passionate about making the world a more resilient place. We recognise that a diligent approach to environmental protection is key to responsible business and sustainable development around the world. It is therefore both a concern and a long-term benefit to the re/insurance industry to tackle this issue.

The International Maritime Organization (IMO), a United Nations (UN) agency responsible for ensuring a clean, safe, secure, and efficient global shipping industry, has adopted regulations to address the air pollution created by ships. A number of mandatory energy-efficiency measures to reduce greenhouse-gas emissions from international shipping have been introduced under Annex VI of the IMO’s pollution prevention treaty (MARPOL) (2).

At Swiss Re, we engage with and support companies who invest in reducing greenhouse-gas emissions.

A prime example is Spain’s leading shipping company, Baleària, which uses its 31 vessels to transport cargo and passengers between the Balearic Islands and the Iberian Peninsula. Baleària is a worldwide pioneer in the use of Liquefied Natural Gas (LNG) (3)

in the shipping industry and Swiss Re supports it with hull reinsurance.

In fact, Swiss Re support goes even further, also offering reinsurance cover for the construction of new ships powered by this type of clean energy.

This is not only a real-life example of greener shipping protecting the environment, but it also demonstrates that marine reinsurance goes beyond simply providing reinsurance cover.

Protecting the environment: green shipping

Source: (1) International Chamber of Shipping / 13.09.2018 (2) www.imo.org/en/MediaCentre/HotTopics/GHG/Pages/default.aspx

www.visualcapitalist.com/imo-2020-the-big-shipping-shake-up/ (3) www.safetyatsea.net/news/2018/balearia-to-convert-five-vessels-to-lng-power/

The marine re/insurance industry is always changing and, at Swiss Re, we have always embraced change as an opportunity. Technology influences the world at an unprecedented pace and with it, the global trade value chain.

The technological possibilities range from new kinds of vessels to new digital waysto document transportation or automated processes when coming into port. New technology also means new data sources for the marine transport industry, which translates into immediate access to information and the possibility to use this information with and for our clients.

However, data and technology are not enough. This, coupled with our team’s vast expertise in marine matters, enables us to be innovative and meet our clients’ needs. Swiss Re is working on a number of initiatives to make use of new data coming from sources such as sensors, tracking devices, centralised or decentralised platforms or public sources.

Together with our clients we work on projects that not only make full use of their data, but also help them to analyse and gain insights into their portfolio. We help our clients to advance their business and access new risk pools. Our ultimate goal is to be your strategic ally.

Exploring new marine worlds and innovation

Cargo (transportation of goods by air, land and sea) including specie, jeweller’s block, cash in transit and fine art, including exhibitions.

Hull ranges from small pleasure craft and fishing vessels to very large tankers and cruise ships.

Marine liability refers to any legal liability encountered by ship-owners, freight forwarders, charterers, port authorities or warehouse operators. It also includes Protection & Indemnity (P&I) insurance.

Energy Offshore includes platforms, drill ships, supply vessels and subsea completions including pipelines and storage facilities.

Swiss Re provides reinsurance cover for the following Marine lines:

Our product range

For more information about our products and services, please contact your local marine reinsurance underwriter. We look forward to hearing from you.

Marine Reinsurance encompasses all reinsurance related to insurance cover associated with the transportation of goods (as cargo), their means of transport (excluding aircraft and motor vehicles), liability arising from maritime activity, and offshore energy. Construction of ships and offshore platforms is also handled within Marine Reinsurance.

Swiss Reinsurance Company Ltd Mythenquai 50/60 P.O. Box 8022 Zurich Switzerland

Telephone +41 43 285 2121 Fax +41 43 285 2999 www.swissre.com

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