Asia Pacific Our Marine & Aviation business
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. 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 Marine & Aviation 3
Why partner with us? 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 products We 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. Local Team Jun Er Regional Manager & Senior Marine +065 6557 0730 jun.er@msamlin.com Ping Ping Lim Cargo Rebekah Khew Principal Officer, Hong Kong and Senior Marine +852 2855 6931 rebekah.khew@msamlin.com Colin Sims Consultant Yacht World-class expertise Our 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. +65 6557 0585 pingping.lim@msamlin.com Ian Simons Energy +852 2855 6935 colin.sims@msamlin.com Xu Cen P&I Get in touch +65 6645 9362 ian.simons@msamlin.com +65 6645 9651 xu.cen@msamlin.com Global Management Andrew Wright Global Managing Director M&A Miles Taffs Regional Director Lloyd s M&A Hui Chen Ow Energy +65 6557 0582 huichen.ow@msamlin.com Clare O Connor War, Terrorism and Political Risk +65 6645 9361 clare.oconnor@msamlin.com +44 (0)20 7746 1933 andrew.wright@msamlin.com Martin Hewett Regional Director Europe M&A +31 (0)10 799 5839 martin.hewett@msamlin.com +44 (0)20 7746 1904 miles.taffs@msamlin.com Folkert Strengholt Managing Director MS Amlin Marine N.V. +31 (0)10 242 5000 folkert.strengholt@msamlin.com Nick Bridges Aviation +65 6645 0682 nick.bridges@msamlin.com David Overall Senior Executive Officer Middle East M&A +971 4709 6901 david.overall@msamlin.com Simon Clarke CEO and Regional Director Asia Pacific M&A +65 6557 0586 simon.clarke@msamlin.com 4 Marine & Aviation Marine & Aviation 5
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. 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 IN THE AIR CARGO INSIDE AIRCRAFT PASSENGERS ENERGY FP P&I HULL L I A B I L I T Y Y A C H T C A R G O AVIATION SPECIE WAR TERRORISM AND POLITICAL RISK TEAM CREW ON THE PLATFORM CREW ON THE SHIP PORT WORKERS PASSENGERS HULL OIL PLATFORMS LARGE SHIP CARGO CREW HARBOUR WITH BOATS PORTS PROPERTY (EG COMMERCIAL BUILDING) LARGE SHIPS - HULL SMALL SMALLER SHIPS SHIPS ON THE WATER ON LAND 6 Marine & Aviation Marine & Aviation 7
Local support worldwide 01. London MS Amlin Underwriting Limited The Leadenhall Building 122 Leadenhall Street London EC3V 4AG 02. Paris Amlin Insurance SE 58 bis rue La Boétie F-75008 Paris France 03. Antwerp Amlin Insurance SE De Keyserlei 5 box 31 B-2018 Antwerp Belgium 04. Rotterdam Amlin Insurance SE Beurs World Trade Center Beursplein 37 3011 AA Rotterdam Netherlands T: +44 (0)20 7746 1000 T: +33 (0)1 44 70 7100 T: +32 (0)3 222 27 11 T: +31 (0)10 799 58 00 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. 01 MS Amlin Marine N.V. Fascinatio Boulevard 622 2909 VA Capelle A/D Ijssel Netherlands T: +31 (0)10 242 50 00 04 05 03 02 06 08 07 Our joined up approach enables us to think globally while acting locally. Martin Hewett, Regional Director, Europe 05. Hamburg MS Amlin Marine N.V. Axel-Springer-Platz 3, 20355 Hamburg Germany 06. Dubai MS Amlin (MENA) Limited Level 3 Precinct Building 2 DIFC P.O. Box 506929 Dubai UAE 07. Singapore MS Amlin Asia Pacific Pte Ltd 138 Market Street, #03-01 CapitaGreen Singapore 048946 08. Hong Kong MS Amlin Asia Pacific Pte Ltd Level 3 Three Pacific Place 1 Queen s Road East Admiralty Hong Kong T: +49 (0)40 8090 84010 T: +971 (0) 4709 6900 T: +65 6557 0580 T: +852 2855 6930 8 Marine & Aviation Marine & Aviation 9
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 first The 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. Always a very good and timely claim service with individuals who understand their business. Hull broker, Feedback survey We have always received a very helpful, knowledgeable and efficient claims service. Aviation broker, Feedback survey Our award winning service has been recognised for the experience of our people, how accessible they are and the relationships they have with clients. 10 Marine & Aviation Marine & Aviation 11
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. MS Amlin at a glance 2,744m 2015 Gross written premium Financial strength MS&AD Group $46bn of annual revenues (2015) A+ (Stable) AM Best A+ (Stable) S&P 2015 Gross written premium by business unit (%) Reinsurance Property & Casualty Marine & Aviation 37% 17% GWP 2,744m 46% 1,846m 2015 Net assets +20yrs Wealth of experience Senior Management average years industry experience 100m Claims services Amount of funds settled using MS Amlin Advance to date OVER A1 (Negative) Moody s Syndicate 2001 Capital support at Lloyd s 676.6m^ A+ (Superior) AM Best 4+ (Stable)* S&P A2 (Stable) Moody s Amlin Insurance SE A (Stable) S&P A (Negative) Fitch Lloyd s A (Excellent) AM Best A+ (Strong) S&P AA- (Very Strong) Fitch *Lloyd s syndicate assessment ^Figures as at 31 December 2015 2015 Gross written premium by geographical class (%) UK North America Europe Other 2015 Gross written premium by M&A product group (%) Hull Cargo Yacht Energy Liability Fixed premium P&I Aviation War Specie 27% 10% 10% 10% 14% GWP 2,744m 8% 3% GWP 449m 24% 35% 11% 11% 21% 16% 12 Marine & Aviation Marine & Aviation 13
Multiple products, locally delivered Our product groups We give you the benefit of nine independent yet fully integrated product specialisms. 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, straightforward requirements as well as large, complex and capacitydriven risks. Our major business areas include stock-throughput, storage, project cargo and capital equipment, including delay in start-up, manufactured goods and heavylift, 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 Marine & Aviation 15
Our product groups MARINE LIABILITY 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. 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 UPSTREAM ENERGY 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 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. 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. 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 productionfocused 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. 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 Marine & Aviation 17
We look forward to working with you For further information please contact the relevant expert on page 5, or visit us online at www.msamlin.com 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 Marine & Aviation 19
MS Amlin Asia Pacific Pte Ltd 138 Market Street, #03-01 CapitaGreen Singapore 048946 Tel: +65 6557 0580 msamlin.com 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 February 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 Ltd 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.