As a wholly owned subsidiary of the QBE Group, British Marine offers P&I, FD&D and ancillary covers for limits of up to USD 1 billion per incident for vessels up to 30,000 gross tons.
British Marine (including QBE Asia P&I) is the largest Non-IG insurer insuring over 12 million gross tons, or 10,000 vessels.
Annual written premium has decreased by 11% in 2017 to a total of USD 93.5 million.
British Marine can also provide Hull & Machinery covers on a 100% basis in conjunction with Lloyd’s QBE Syndicate 1036.