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, cyber, energy, film & entertainment, financial lines, liability, personal accident, political risks, space, specie, trade credit, 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 GJW Direct, NMU Specialty, Roanoke Insurance Group Inc. and 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 our Lloyd’s broker, Roanoke International Brokers Limited.
Munich Re Syndicate Singapore Pte.Ltd. established in 2000, is committed to providing the highest-quality service to its clients in the Asia-Pacific region. Its experienced underwriting team excels in a variety of niche insurance product offerings, including Offshore Energy, Global Project Cargo, Hull & Machinery, Marine Trade, Marine & Aviation, War, Marine & Transport Liability, Yacht, Political Violence, Financial Lines, Cyber and Personal Accident.
As part of the Munich Re Specialty Group's regional strategy in Asia-Pacific, Munich Re Syndicate Singapore Pte. Ltd. is the central underwriting hub which covers the entire Asia market.
Classes of business
Munich Re Syndicate Singapore Pte Limited writes the full spectrum of marine insurance products, including:
- Offshore Energy
- Offshore Construction
- Marine Cargo
- Project Cargo
- Marine and Transport Liabilities
- Sabotage and Terrorism
- Subsea Equipment
- Personal Accident
- Financial Lines
- Engineering and Construction
- Political Violence
Placing a risk with Lloyd's in Singapore
Lloyd's Asia Service Companies are able to trade with any broker and there is no requirement to use a Lloyd's broker.
If you are a broker and wish to place business with Lloyd's Asia Service Companies please view the class of business matrix here.