Although market capacity has fluctuated dramatically over the last 30 years as a result of catastrophes and large risk losses, we have maintained our commitment to our core clients. More than 80% of our top 20 clients have reinsured with us for 20 years or more.
Local presence in Singapore
We opened a Singapore office to have better access to the regional clients and to focus on Asian business that does not traditionally come via the wholesale channels to London.
We focus our capacity on long-term clients with an intimate knowledge of the original risk. We also look to write business that complements our syndicate's underwriting. Regular meetings with our clients enable us to maintain a strong understanding of their underwriting strategy, helping us to better understand the exposures we are underwriting. As a result of this and our application of a range of analytical and actuarial models, we have the experience and expertise necessary to set terms in this class.
We cover a wide range of clients with portfolios ranging from small and mid-sized to large commercial and industrial. We also write engineering risk excess business covering erection and machinery breakdown risks.
- Property per risk US $5,000,000
- Proportional reinsurance US $3,000,000
- Aggregate excess of loss US $3,000,000.
Asia excluding Japan.