Lloyd’s Dubai Gate Precinct Building 2, Office 301 & 401, Dubai International Financial Centre
Company Type -
- http://www.watkins-syndicate.co.uk Contact Number
- 97143621804 Emirates
- Dubai Postal Code
- 506518 Address
- Lloyd’s Dubai Gate Precinct Building 2, Office 301 & 401, Dubai International Financial Centre
Munich Re Syndicate (formerly Watkins Syndicate) is the first Lloyd's Syndicate to be licensed in the UAE. We operate from the Dubai International Financial Centre. Munich Re Syndicate was founded in 1977 and is now one of the largest specialist Marine Insurers in the United Kingdom. All the capital supporting the Syndicate is supplied by Munich Re, one of the largest reinsurance companies in the world. As with all Lloyd's Syndicate Munich Re Syndicate enjoys a S&P credit rating of A+ and being a wholly owned company of Munich Re also benefits from of Munich Re's S&P rating of AA-.
Munich Re Syndicate write primarily marine classes of business including Cargo, Project cargo (including DSU), Cargo war on land, Offshore energy (construction, exploration and production), Hull & Machinery, Yachts, Marine and Transport Liabilities, Ports & Terminals, Marine Trade, Specie (Fine Art, Jewellers Block, Vault Risks) and non-marine including Political Violence/Sabotage & Terrorism, Accident & Health, Contingency (Event Cancellation), Trade Credit, Political Risks and Cyber (Re)insurance.
ability, off shore liabilities and all forms of excess marine liabilities. War - Writing aviation and hull war. Political Violence / Sabotage & Terrorism. The Dubai Office will write business emanating from the MENA region.