AIG Marine's underwriting guidelines

AIG Marine’s underwriting guidelines evaluate the risks associated with insuring maritime operations, focusing on vessel type, age, condition, and usage, as well as the safety measures in place. They assess the insurer’s exposure based on geographic location, company experience, and claims history. The goal is to ensure that coverage reflects the specific risks involved, with appropriate premium rates. AIG Marine balances risk management with client needs by thoroughly reviewing each application to determine whether to provide coverage, set limits, or request additional risk mitigation measures.