MRSL

Brief Introduction

Syndicate 457 is managed by Munich Re Syndicate Limited. The Syndicate is owned by the Munich Re Group, since 1997, currently under the holding of Munich Re Speciality Group Limited. The Syndicate is comprised of experienced underwriting teams in the areas of cargo, contingency, credit & political risks, cyber, energy, film & entertainment, financial lines, liability, personal accident, property, political violence, space, specie, transport & logistics, yacht & marine trade, war. The Syndicate is one of the major marine insurance underwriters at Lloyd’s of London and is known in the industry for quality claims handling.

Munich Re Specialty Group Limited leads the Group in which Munich Re Syndicate Limited manages Syndicate 457 at Lloyd’s. The Group manages a network of distribution companies including the UK's Largest Direct Boat Insurer GJW Direct, NMU Specialty, the preeminent provider of insurance solutions in the U.K. and Ireland, and Roanoke Insurance Group Inc. which offers targeted transportation-related insurance as well as Syndicate offices in Asia Pacific and Middle East.  A separate unit, Watkins Marine Services, which focuses on transportation-related and energy risk management operates within the Group Lloyd’s broker, Roanoke International Brokers Limited.

Reinsurance Products

MRSL Underwriting Division offers reinsurance services via Lloyd’s China platform in the following specialist classes:

Marine

• Project Cargo
• Cargo
• Specie / Fine Arts / Cash in Transit / Jewellers Block
• Marine Liability
• Ports & Terminals Liability / Freight Forwarder’s Liability

Energy

• Physical Damage
• Liability
• Operators’ Extra Expense
• Loss of Production Income
• Construction Projects

Engineering

Financial Lines

• Cyber
• Professional Indemnity
• D&O

Special risks

• Personal Accident/Illness
• Political Violence/Terrorism
• Contingency (Event Cancellation, Hole In One, Film)

Aviation

• Satellite Launching
• Space