Our Services

 

Marine & Non-Marine Businesses

WE TAILOR THE BEST REINSURANCE SOLUTIONS

Marine business is one of the oldest areas of insurance. The current working environment has been created by historic case law with the 1906 Marine Act formulating much additional regulation and securing some standardisation of definitions. The market comprises insurance companies and Lloyds underwriters. There is some mutual pooling of risk by ship owners but this is mainly confined to P&I clubs (Protection and Indemnity) covering liabilities of shipowners to cargo owners and third parties.

There are various classes of Marinebusiness showing different characteristics :

  • Cargo Marine Insurance
  • Offshore construction
  • Offshore Energy Risks, including rig and Platforms physical damage
  • Hull and Machinery
  • General liability

Contacts

  • A: Babylon Sect. 21, 929st Street, Villa 61
    Baghdad, Iraq
  • T: +964 782 111 1199
  • E: info@irb-iq.com

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