Consequential Loss & Trade Disruption
Our insurance products protect against risks that international trade is exposed to throughout the supply chain, and are a significant enabler for exports, imports and international projects.
Our focus is on an expanding range of assureds including: banks, traders, manufacturers, the service industry, the oil industry, and both importers and exporters, with a specific focus on serving the needs of the shipping industry, both vessel owners and charterers.
Consequential Loss and Trade Disruption insurance protects our clients against unexpected disruption to their supply chain following a variety of political, marine or physical risks.
Key Territories: Worldwide excluding North Korea, Iran, Cuba and Syria.
We cover
- Trade disruption insurance (TDI) for force majeure events, physical events, political events, insolvency, supply chain disruptions and frustration of projects
- Delay in start-up (DSU)
- Project cargo and delays
- Shipbuilding delayed delivery and cancellation
- Charter frustration and cancellation
- Port blockage
- Vessel’s loss of revenue
Line size / policy period
Our maximum line size is USD60m and our maximum policy period is five years.
GET IN TOUCH
Peter Merton
Departmental Head of Specialty
London
Edward Parker
Divisional Head of Special Risks
political risk; political violence & terrorism; trade disruption, surety
London
Charlotte Pritchard
Underwriter
political risk, political violence & terrorism, trade disruption
London
Edmund Lee
Trade Credit and Political Risks Underwriter
Singapore
Hugh Selka
Underwriter
political risk; political violence & terrorism; trade disruption
London
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LATEST NEWS
Reinsurance Division
11 August 2022
Following a recent strategic review, TMK has announced that it will close its Reinsurance division with effect from 1 September
TMK completes sale of Tokio Marine Highland’s US construction business to Intact Insurance Group
02 August 2022
Tokio Marine Kiln has completed its sale of Tokio Marine Highland’s (TMH) US construction division to Intact Insurance Group USA LLC (Intact) with effect from 1 August 2022.
TMK announces sale of Tokio Marine Highland’s US construction business to Intact Insurance Group
17 June 2022
Tokio Marine Kiln announced that a definitive agreement has been signed with Intact Insurance Group USA LLC (Intact) for the sale of Tokio Marine Highland’s (TMH) US construction division.