Reinsurance programme

RIC is very experienced in providing competitive insurance cover for:

 • Hull and Machinery

 • Protection and Indemnity

 • Ship repairers

 • Shipbuilders

 • Cargo

Since June 2006 RIC placed its Marine Hull and P&I treaty in the international markets through the International broker AON Group. This programme is on the Excess of Loss basis with priority of USD 500 000 with following limits:

  H&M – up to USD 6 000 000

  P&I – up to USD 8 000 000

  Cargo – up to USD 6 000 000

  Shipbuilders – up to USD 10 000 000