Marine cargo
Capacity for insured goods moving by sea, air, and land, subject to route, packing, conveyance, and accumulation review.
Global RE Solutions
Marine
Marine reinsurance for cargo, transit, project cargo, stock throughput, and related logistics exposures where route, storage, and accumulation controls are understood.
- Scope
- Marine cargo and transit
- Focus
- Goods in transit, project cargo, logistics, storage, and marine-related project interfaces
- Structures written
- FacultativeTreatyOpen coverQuota shareExcess of loss
Specialist reinsurance class
What we write
Products and structures
The covers below represent Global RE's core appetite in marine. Risks outside this list can still be reviewed when the scope, data, and wording are clear.
Project cargo
Support for high-value, oversized, or delay-sensitive cargo connected to infrastructure, energy, and construction projects.
Stock throughput
Selective programmes combining transit and storage exposure where locations, values, and security controls are transparent.
Warehouse and storage exposure
Storage and accumulation risks reviewed alongside transit controls, catastrophe exposure, and stock valuation.
War, strikes, and extensions
Extensions considered where geographic, sanctions, route, and contractual controls are satisfactory.
Marine project interface
Cargo exposure reviewed alongside engineering and property placements where one project can create multiple loss pathways.
Underwriting view
How Global RE reviews marine submissions
Each submission is reviewed through the lens of exposure quality, documentation, contractual wording, claims experience, and the specific controls relevant to the class.
Transit route and conveyance
Mode of transport, route, transhipment, vessel quality, and seasonality can materially alter the risk.
Storage concentrations
Warehouse and port accumulations are reviewed against fire, theft, catastrophe, and security controls.
Cargo sensitivity
Fragility, temperature sensitivity, theft attractiveness, and packing quality shape terms and participation.
Sanctions and territorial controls
War, strikes, sanctions, and restricted territories require clear controls and compliance review.
Why cedants place with us
Our approach to marine risk
Route and accumulation review
Port, vessel, route, warehouse, and project-site accumulations are treated as core underwriting inputs.
Documentation discipline
Packing, survey, bills of lading, storage terms, and valuation basis are reviewed before support is agreed.
Project cargo familiarity
Oversized, high-value, and critical-path cargo is assessed with project timeline and delay sensitivity in view.
Claims clarity
Large marine losses are handled with attention to survey evidence, transit documentation, and policy intent.
Submission checklist
Information expected for review
The following information helps Global RE assess whether a marine opportunity sits within appetite and whether the proposed structure is sufficiently clear.
- 1
Cargo type, values, routes, conveyances, packing, and storage locations
- 2
Loss history, survey requirements, and claims handling arrangements
- 3
Territory, sanctions, war/strikes extensions, and accumulation information
- 4
Draft wording, limits, deductibles, open cover terms, and project cargo details
Other classes
Explore the rest of the specialist portfolio
Each class is written within a defined appetite so counterparties can see where Global RE is prepared to participate.
Property
Property reinsurance for commercial, industrial, and project-related assets, with attention to physical damage, business interruption, and catastrophe aggregation.
View classCasualty
Casualty reinsurance for general liability, products liability, employers liability, and excess liability exposures where jurisdiction, wording, and claims environment are understood.
View classEngineering
Engineering reinsurance for construction, erection, machinery, equipment, and project-related risks where technical controls, testing phases, and contract conditions are visible.
View classBonds/Surety
Bonds and surety reinsurance for bid, performance, advance payment, maintenance, and contract guarantee obligations linked to public, private, and infrastructure works.
View class
Discuss your marine proposal
Global RE reviews marine submissions within its defined appetite, with claims obligations, structure, and documentation assessed before capacity is committed.