The Marine Department was established during the initial period of the establishment of the company divided into following categories:
- Marine Cargo
- Marine Hull
Marine Cargo is concerned with only cargo within the particular vessels whereas Marine Hull deals with reinsurance of machinery/ body of the boat. Both Marine Cargo & Marine Hull departments make primary decision with respect to acceptance of the risks by means of Facultative and Treaty.
The Marine Department specializes in providing reinsurance support in the following areas:
- All types of Cargo (whether by Road, Rail, Air, and by Sea)
- Hull & Machineries
- Freight and Ship Breaking Risks
- Pleasure Boats
- Third Party Liability
This department consists of professionally competent employees headed by a proficient Officer having ACII qualification.