American Hellenic Hull Insurance Company Ltd

Company logo
Head office location

Cyprus

Website

https://hma.com.cy

Company description

American Hellenic Hull is a private marine insurance company, which covers hull and machinery and war risks. The company is 100% owned and financially backed by the American P&I Club and exclusively managed by Hellenic Hull Management. Registered in Limassol, Cyprus offers localised services through affiliated offices in Piraeus, New York, Houston, London, Shanghai and Hong Kong. Its operations commenced on 1st July 2016 and it is the first marine insurance company licensed in Cyprus under the requirements of the Solvency II regime. The vision is to establish a leading global player in the international blue-water marine hull insurance market. AHHIC is a leading player in sustainable insurance as the exclusive marine insurance signatory company of United Nations Environment Programme Finance Initiative, Principles for Sustainable Insurance (UNEPFI-PSI) and Sustainable Blue Economy Finance Initiative (UNEPFI-SBEFI). Furthermore, AHHIC has participated in the development of two pioneering guidance papers that act as a toolkit for companies’ sustainability strategies aiming to tackle ESG risks: “Managing Environmental, Social and Governance risks for non-life business”, launched by UNEPFI PSI and “Turning the Tide: How to finance a sustainable ocean recovery” launched by UNEPFI SBEFI.