RaetsMarine Presentation 2015 outlining our market approach, products and service proposition.

2. CORPORATE PRESENTATION
RaetsMarine | The P&I insurance specialist

3. Introduction
RaetsMarine
an Amlin Group Company
P&I Insurance Specialist
Worldwide
client base
Extensive global network
of correspondents,
surveyors and lawyers

4. • RaetsMarine was established in 1993 as a specialist P&I underwriter
• RaetsMarine offers full range of P&I products worldwide
• No 2 in premium size in fixed premium P&I
• 120 dedicated professionals from 20 different nationalities, equally
divided between men and women, with an average age of 38
• As from 2013 operating as service company within Amlin Group using
Amlin Europe (‘A-’ rated by S&P) and Amlin Syndicate 2001 (‘A’ rated
by S&P)
• GWP 2015: USD 90m
Facts & Figures

5. RaetsMarine stands for
Financial Stability
Reinsurance program with Munich Re, Hannover Re
and Lloyds of London
100% owned by Amlin Group
Experience
Support Desk for client assistanceHighly motivated and experienced
underwriting team of 26 underwriters
Highly motivated and experienced team of
20 claims handlers
Scope
Full range of P&I productsWorldwide network of correspondents and
surveyors
Network of subsidiaries in London,
Paris and Singapore
Financial Stability
Reinsurance program with Munich Re, Hannover Re
and Lloyds of London
100% owned by Amlin Group
Scope
Full range of P&I productsWorldwide network of correspondents and
surveyors
Network of subsidiaries in London,
Paris and Singapore

6. • 50% Europe
• 25% Asia Pacific
• 10% Middle East India
• 9% Central-South America
• 3% North America
• 2% Africa
• 1% Russia & CIS
Distribution of RaetsMarine clients (on basis GW P)
RaetsMarine geographical

7. Value chain
Profound relationships and
in-depth cooperation key to
success

8. • Amlin was founded in 1998 from the merger of Angerstein
Underwriting Trust and Murray Lawrence syndicate.
However the oldest part of the business (K J Coles
Syndicate) dates from 1903.
• Amlin is a UK domiciled company listed on the London
Stock Exchange
• The Group net assets were £1,678.6m
• Employ some 1.800 professionals in seven countries
An Introduction
Amlin

9. Our products
Charterers’ Liability
Shipowners’ P&I (ocean going
and inland craft)
MultiModal – Ports & Logistics
Marine Defence

10. Scope of cover
Charterers’ Liability
• Any type of charterer, no matter how big or small
• All type of vessels
• No restriction regarding vessel’s Class or P&I provider
• Worldwide trading
• Tramp chartering, liner/feeder business, commodity traders, etc
• For Charterers who carry their own cargo cover can be extended
to Cargo Owners’ Legal Liability insurance. This covers the
liability of the Charterer in their role as cargo owner

11. Scope of cover
Shipowners’ P&I
• Small to midsized and specialized vessels including
yachts worldwide
• Specializing in non-cargo carrying vessels, such as
fishing vessels, tugs, supply vessels and any other
specialist craft operated at sea or in ports.
• No restriction to age and class of the vessel
• Singletons will be accepted
• Bunker Blue Cards accepted by most flag states

12. Scope of cover
MultiModal – Ports & Logistics
Comprehensive, tailor-made liability cover for logistics
services providers, freight forwarders, port authorities,
terminal operators, stevedoring companies, warehouse
companies, cargo handling facilities etc.
Additional cover for equipment available on request

13. Scope of cover
Marine Defence – Legal Costs Cover
P&I cover can be extended to cover legal expenses of
commercial disputes, inlcuding our in-house legal services
Marine Defence cover can be extended to include Traders
Defence insurance for disputes under the sales contract

14. Scope of cover
Ancillary Covers
RaetsMarine offer a variety of additional covers for liabilities
falling outside the scope of standard P&I Insurance. It can
either be a buyback of the exclusions in our policy wording(s)
or additional insurances as an add on to the existing covers.
We provide the following ancillary covers:
• Bunker insurance
• Freight insurance
• Shipowners’ Liability insurance (SOL cover)
• Delay insurance
• Kidnap & Ransom and Loss of Hire insurance

15. C h a r t e r e r s ’ L i a b i l i t y a n d S h i p o w n e r s ’ P & ISecurity Structure
Maximum limit: USD 500m Maximum limit USD 1bn
(Charterers’ Liability ) (Shipowners’ P&I)
OR OR
1bn
50m
500m
USD 450m xs USD 50m
Lloyds of London (binder)
(‘A+’ S&P rating)
USD 50m
Amlin Lloyds
Syndicate
2001
(‘A+’ S&P rating)
USD 50m
Amlin Europe
(‘A-’ S&P rating)
USD 500m xs USD 500m
Lloyds of London and
Company paper
50m
500m
USD 450m xs USD 50m
Lloyds of London (binder)
(‘A+’ S&P rating)
USD 50m
Amlin Lloyds
Syndicate
2001
(‘A+’ S&P rating)
USD 50m
Amlin Europe
(‘A-’ S&P rating)
OR OR

16. MultiModal – Ports & Logistics
Security Structure
Maximum limit: EUR 15m
Amlin Europe
EUR 15 million
(‘A-’ S&P rating)
15m

17. • Offering insurance solutions to our clients is one of our objectives
• Success through profound relationships and cooperation between all
members of the value chain
• Strong team of experienced underwriters with in-depth knowledge of
the clients business
• Terms & conditions that fit the risk profile of the client
• Quick and adequate response through answers within 24 hours upon
receipt of any request
Our approach
Underwriting

18. • Highly qualified claim professionals over 3 offices worldwide
(Rotterdam, Singapore and Paris)
• 20 different nationalities with substantial claims experience
• A mixture of qualified marine lawyers and experienced shipping
professionals who thoroughly know our client’s business who guarantee
complete ‘cradle’ to ‘grave’ of your claims file at all times
• Available 24/7 through Duty Officers including emergency response
team
Our approach
Claims

19. • We are committed to provide top tier claims services and unrelenting in
our pursuit to be the leading insurer in the world of P&I
• We are committed in providing second to none claims services
• We are determined to provide solutions instead of being part of the
problem. We give answers instead of asking questions
• We are different and you will experience the difference when working
with us
Our commitment
Claims

20. SERVICE AND INFORMATION
Support Desk

21. Support Desk
Support Desk professionals
• Nautical background
• Legal background
Service and information tool
“We are at our clients’
disposal for any question at any
time.”

22. But above all, practical knowledge and experience counts.
• Truly understand our clients’ needs
• We strive to be recognised as a hands on extension of their operations
department
Support Desk

23. RaetsMarineAcademy
• in-house training
− Introduction programs
− Professional training programs
− In depth courses
− Special topics
• external training
– Circulars to clients on key topics
– In-house training with clients
– Special traineeships for clients and broker staff
– On demand training

24. • The RaetsMarine Executive Group is collectively responsible in case of
a major casualty
• A crisis and emergency team will be formed together with executives
from broker and client
• Surveyors, lawyers and any other experts will be appointed after
cosultaion with broker and client
• In case of media exposure RaetsMarine will appoint their
communication expert, being MTI Network in.
Major Casualty Response

25. Rotterdam Office
RaetsMarine Insurance B.V. (head office)
Postal Address:
P.O. Box 8910, 3009 AX ROTTERDAM, the Netherlands
Visiting Address:
Fascinatio Boulevard 622, 2909 VA CAPELLE A/D IJSSEL, the Netherlands
Telephone: +31-10-2425 000
Fax: +31-10-2121 918
Email: Office@RaetsMarine.com

26. London Office
RaetsMarine Insurance BV (UK Branch Office)
Suite 2.01
34 Lime Street, London EC3M 7AT
United Kingdom
Telephone: +44 20 3544 4710
Fax: +44 20 3544 5044
Email: London@RaetsMarine.com

27. Paris Office
RaetsMarine France Sarl
83, boulevard du Montparnasse, 75006 Paris, France
Telephone: + 33 1 44 39 1000
Fax: + 33 1 42 22 2534
Email: Paris@RaetsMarine.com

28. Singapore Office
RaetsAsia P&I Services Pte Ltd
78 Shenton Way #29-01, 079120 Singapore
Telephone: +65 6593 6008
Fax: +65 6593 6000
Email: Office@RaetsAsia.com