Financial Security

Global Aerospace underwrites aviation insurance on behalf of some of the industry’s largest and most secure insurers and reinsurers. Access to this pool of the world’s foremost capital enables us to provide insurance policies to clients with a degree of financial security and stability that is not available from a single insurance company.

Pool Member & Share of Pool Security

Our current members and their shares of pool security are shown below. To find current ratings for these organizations, please visit the AMBest® and Standard & Poor’s websites for details.

Munich Re Group: 49.96%

National Indemnity Company: 18.39%

Tokio Marine and Nichido Fire Insurance Co., Ltd.: 12.37%

MAPFRE RE: 10.00%

Mitsui Sumitomo Insurance Co., Ltd.: 9.28%

0.00%Munich Re Group

0.00%National Indemnity Company

0.00%Tokio Marine and Nichido Fire Insurance Co., Ltd.

0.00%MAPFRE
 

0.00%Mitsui Sumitomo Insurance Co., Ltd.

Risks Written by Global Aerospace Underwriting Managers Limited in the U.K.

Following the departure of the United Kingdom from the European Union in late 2020, all EU direct risks are written by Global Aerospace Underwriting Managers (Europe) SAS.

Policy Issuing Company – Direct Risks & Participation
Great Lakes Insurance SE: 49.96%

Berkshire Hathaway International Insurance Ltd.: 18.39%

HCC International Insurance Company PLC: 12.37%

MAPFRE ESPAÑA, COMPAÑÍA DE SEGUROS Y REASEGUROS, S.A.: 10.00%

Mitsui Sumitomo Insurance Company (Europe) Ltd.: 9.28%

Note: Different syndicates of insurers are used for reinsurance, U.S. risks and specific Latin American countries.

Risks Written by Global Aerospace Underwriting Managers (Europe) SAS

Following the departure of the United Kingdom from the European Union in late 2020, all EU direct risks and all reinsurance of EU insurers written in France and Germany are written by Global Aerospace Underwriting Managers (Europe) SAS.

Policy Issuing Company – EU Risks & Participation
Great Lakes Insurance SE: 49.96%

Berkshire Hathaway European Insurance DAC: 18.39%

Tokio Marine Europe S.A.: 12.37%

MAPFRE ESPAÑA, COMPAÑÍA DE SEGUROS Y REASEGUROS, S.A.: 10.00%

MSIG Insurance Europe AG: 9.28%

*Different syndicates of insurers are used for non-EU risks and for reinsurance.

Risks Written in Canada

Global Aerospace Underwriting Managers (Canada) Ltd. uses the policy-issuing companies listed below.

Policy Issuing Company & Participation
Temple Insurance Company: 49.96%

National Liability & Fire Insurance Company, Canada Branch: 18.39%

Northbridge General Insurance Corporation: 22.37%

Mitsui Sumitomo Insurance Co., Ltd., Canada Branch: 9.28%

Risks Written in Switzerland

Policy Issuing Company & Participation
Great Lakes Insurance SE Swiss Branch: 81.61%

Berkshire Hathaway International Insurance Ltd. Swiss Branch: 18.39%

To learn more about our financial security, please contact your local Global Aerospace representative.

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