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For risks
on a large scale.

Advice on reinsurance program structure and risk placement in international markets.

Facultative reinsurance

Reinsurance of a single risk: the insurer offers a specific policy, and the reinsurer decides whether to accept it and on what terms. Suited to large, non-standard and treaty-excluded risks.

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Treaty (obligatory) reinsurance

Reinsurance of a portfolio under an agreement concluded in advance: all risks of a given class within its scope pass to the reinsurer automatically, usually for one year. The backbone of an insurer's reinsurance protection.

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Obligatory reinsurance

A treaty under which the insurer must cede, and the reinsurer must accept, every risk within the agreed scope. It differs from facultative-obligatory cover, where only the reinsurer is bound.

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Proportional reinsurance

The reinsurer receives a share of the premium and pays the same share of every loss. The main forms are quota share and surplus treaties; the cedent usually receives a reinsurance commission.

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Non-proportional reinsurance

The reinsurer pays only the part of a loss above the insurer's retention (priority), up to a limit. The main forms are per risk excess of loss, per event excess of loss and stop loss.

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Property reinsurance

Reinsurance of portfolios covering homes, commercial and industrial property, equipment and business interruption against fire, natural catastrophes and other perils.

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Transport and cargo reinsurance

Reinsurance of hull, cargo, shipowner and carrier liability, aviation and rail risks, where values are high and accumulations build up in ports, warehouses and airports.

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Energy reinsurance

Reinsurance of oil and gas production, pipelines, refineries and petrochemicals, power plants and renewables, where single sites concentrate enormous values.

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Liability reinsurance

Reinsurance of general and professional liability, directors' and officers' liability, product liability and compulsory lines such as OSOPO and OSGOP. Claims here take years to settle.

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From risk to protection structure

  • Analysis of the initial terms and risk profile
  • Discussion of facultative or treaty protection
  • Limits, retention and placement terms
  • Agreeing details and supporting your request

What we will discuss at the first meeting

Risk
Assets, activities and territory
Scope of coverage
Amounts, limits and desired retention
Period
Timing and start date
Statistics
Loss history and current terms

International approach

The Russian market (including the mandatory RNRC share) and reinsurers from friendly jurisdictions. We consider each case taking into account the risk territory and restrictions on placement abroad.

Contacts by region

Materials on reinsurance

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