Structured Risk

Our Structured Reinsurance team provides tailored structured risk solutions for aviation underwriters, medical malpractice underwriters, property underwriters, workers' compensation underwriters, and specialty underwriters in the United States and London markets.

Our client base includes primarily single state, single line companies, large regional specialty companies and Lloyd's syndicates. Working closely with our brokers and clients we design our products to provide the unique reinsurance solutions sought after by today's sophisticated buyers of structured products.

We develop bespoke structured solutions for a wide range of issues facing many reinsurers in the current marketplace.

A sample of our core product offerings are as follows:

Structured Quota Share

 A quota share cover containing one or more of the following features:

• Overall aggregate cap on the reinsurer's liability
• Sliding scale cede commission based upon the ultimate profitability of the program
• Reinsurer margin expressed as a percentage of the subject premium base
• Funds to be held by the ceding company
• Communication incentive for the cedent such as payment of an annual maintenance required beyond a reasonable date on which the program should be commuted
• Explicit interest rate payable on the funds held balance
• Profit sharing

Aggregate Stop Loss

A reinsurance cover providing a fixed limit of liability excess of the cedent's retention which is usually expressed as a loss ratio. Our covers will be structured such that the cedent's retention is excess of their expected loss ratio. Some of the features of these programs are:

• Multi-lines of business can be included in the program
• Ability to write the account on a multi-year basis
• Maximum contribution to the ultimate net loss to be reinsured will be limited on most catastrophe exposed accounts
• Ceding commission can be paid
• Funds to be held by the ceding company

Aggregate Excess of Loss

A reinsurance cover providing an excess of loss limit on a per occurrence basis with an overall aggregate cap on the reinsurer's liability. The key features of this type of program include:

• Overall aggregate cap on the reinsurer's liability
• Multi-year cover
• Funds held by the ceding company
• Ability to include class coverage
• Applicable for property, casualty or specialty lines of business

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