Munich Re Underwriting Limited

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Cargo

Cargo

Our Lloyd’s cargo account is well-established; its expert team has been underwriting this class of business at Munich Re Syndicate Limited for over 15 years. The team’s attention to detail and breadth of knowledge pertaining to cargo risks set them apart in the industry, enabling them to overcome challenges that others cannot.

The cargo account has an international spread of business, composed mainly of general cargo, but with a focus on other interests such as oil, project cargo business and light manufacturing.

Coverage offered is mainly on an ‘all risks’ basis, with the focus on transit coverage, as per the Institute Clauses; however, our team excels in developing bespoke solutions where required. Expertise and flexibility enable us to craft coverage for large complex risks, as well as meet the requirements of smaller companies for either single shipments or on an annual basis.

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Syndicate 457 at Lloyd's, managed by Munich Re Syndicate Limited is authorised by Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority.

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