Specialty Reinsurance for marine and energy risks
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Munich Re Specialty Reinsurance provides premium reinsurance solutions for marine and energy risks. Embark with us on a journey of partnership to advance your insurance business.
Team up with us to manage your marine and energy risks
Adapting to climate change, improving supply chain resilience, and tackling labor dynamics – these are the key industry challenges highlighted by the Munich Re Marine Trend Radar 2024.
Moreover, technological advances, geopolitical tensions, and economic developments continue to shape the marine risk landscape.
As the world’s most reliable and knowledgeable specialty reinsurer, we help you manage your marine and energy portfolio and assess emerging risks. Engage in a partnership that delivers extraordinary services for exceptional clients!
Discover our reinsurance solutions for marine and energy
Dive into the future with foresight and a trusted partner by your side. Our team of global experts includes underwriters, master mariners, engineers, and technology experts such as cyber specialists. This interdisciplinary expertise allows us to understand your risk exposure, co-develop innovative solutions and successfully launch new products. Why think short-term when you can explore the horizons of a long-term partnership with us?
Our comprehensive marine and energy reinsurance solutions include:
- Proportional and non-proportional treaty reinsurance
- Coverage for all lines of marine (hull, protection & indemnity, cargo / project cargo, fine art and specie, marine liabilities, ports and terminals, inland marine, yacht / pleasure craft, marine war) and energy insurance (including oil and gas, renewable energy, energy liability)
- Risk modelling
- Portfolio management
- Product co-design
- Marine facultative reinsurance
- Structured reinsurance solutions
Your benefits of partnering with us
First-class expertise
Exceptional services
Long-term partnership
- Benefit from our extensive expertise and high-quality data to predict and manage emerging risks
- Gain up-to-date market insights based on our research and viewpoints
- Develop new market standards with us
- Navigate the complexities of ESG topics with our expert guidance
- Access reliable and objective information to support your decision-making
- Drive your business forward with our comprehensive offering that goes beyond primary insurance solutions
- Work with us to develop complex solutions tailored to your specific needs
- Deepen your expertise with our seminars and conference presentations
- Connect with renowned industry experts
- Engage in a long-term relationship aimed at mutual success
- Rely on our deep understanding of your individual challenges and needs
- Stay ahead with our global presence and closeness to your market
Join our success story! Leverage our research, market insights, and interdisciplinary know-how to launch tailored solutions and advance your marine and energy business.
Discover our Marine Market Survey 2024
Definitions of the market condition categories
- Extremely Hard
Significant increases in rates/premium across majority of line of business. Multiple years of rate increases achieved to attain technically adequate levels and meet/exceed cost of capital and required returns. Placements on challenging classes unable to be completed. Outlook excellent. - Hard
Rates/premiums increasing across line of business and terms/conditions improving. Loss affected accounts addressed with significant corrective action. Rate/premium increases exceeding loss trend/claims inflation. Results improving (C/R below 90%). Further restriction in appetite/capacity deployment. Outlook good. - Good
Rates/premiums increasing. Loss affected accounts addressed with corrective action. Rate of premium/rate change exceeds that of claims trend/inflation. Results marginal and outlook improving. Appetites/capacity deployment restricting. C/R low 90's. - Stable
Premium rate change >= loss trend/claims inflation. Results marginal (premiums adequate to cover loss and expenses but not fully cover cost of capital and required returns) - Deficient
Rates/premium below technically adequate (risk adequate) levels. Rate of claims trend/inflation exceeding premium rate changes. Results unprofitable. - Extremely Deficient
Rates/premium significantly below technically adequate (risk adequate) levels. Multiple years of rate/premium reductions and broadening of coverage/terms drive unprofitable and unsustainable results. Markets exiting class and outlook poor.
Download our Marine Market Condition Evaluation
About Munich Re Specialty Reinsurance
Munich Re Specialty Reinsurance unites four lines of business – agriculture, aviation, contingency, and marine – into one powerful division. We combine data-driven insights and deep domain expertise to deliver premium specialty reinsurance solutions and services to insurers and brokers worldwide.
