Licensing Arrangements Outside of the United States
Risks written by Global Aerospace Underwriting Managers Limited in the UK
Global Aerospace Underwriting Managers Limited (Office: UK) manages the insurance pool and underwrites on behalf of some of the most secure insurers and reinsurers, enabling the pool to provide our customers with a degree of financial stability that is not available from a single insurance company. Following the departure of the United Kingdom from the European Union on 31 December 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% |
*Different syndicates of insurers are used for reinsurance, US risks, and for certain Latin American countries.
Risks written by Global Aerospace Underwriting Managers (Europe) SAS
Global Aerospace Underwriting Managers (Europe) SAS (Offices: France, Germany and United Kingdom) manages the insurance pool and underwrites on behalf of some of the most secure insurers and reinsurers, enabling the pool to provide our customers with a degree of financial stability that is not available from a single insurance company. Following the departure of the United Kingdom from the European Union on 31 December 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 Switzerland
| Policy Issuing Company | Participation |
|---|---|
| Great Lakes Insurance SE Swiss Branch | 81.61% |
| Berkshire Hathaway International Insurance Ltd. Swiss Branch | 18.39% |
Risks written in Canada
Global Aerospace Underwriting Managers (Canada) Ltd. manages the insurance pool and underwrites on behalf of some of the most secure insurers and reinsurers, enabling the pool to provide our customers with a degree of financial stability that is not available from a single insurance company.
| 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% |
