Further to our blog in November 2014 about the fixed premium Clubs providing higher limits, Lodestar Marine in London have now obtained reinsurance support to offer the full USD1bn limit.

With the increasing competition both within the fixed premium market and to move tonnage placed within the International Group, there is a continuing need to differentiate.  The USD1bn limit will allow Lodestar further reach in to, particularly, the tanker market where oil majors often require a minimum USD1bn of cover.

British Marine/QBE, Skuld, Hydor and Navigators also offer a USD1bn limit.

Contact us for further details of options within either the fixed premium or International Group P&I.