RaetsMarine is a wholly owned subsidiary of the insurer MS Amlin, and offers P&I cover up to a limit of USD 1 billion and Charterers Liability cover up to USD 500 million.

It can offer cover for vessels up to 40,000 gross tons and has no specific restrictions on age, class or type of vessel. Most insured vessels however are below 10,000 gross tons.

For owned vessel P&I cover, the company announced annual premium income of USD 52.3 million, a marginal decrease on the previous year. Corresponding insured gross tonnage increased marginally to 15.6 million over the same period.

For Charterers Liability cover, the company announced annual premium income of USD 25.9 million, materially unchanged from the previous year. The number of ships on risk during same period reduced by 2.3% to 21,000.