About the Service
Obligatory Reinsurance is a tool for comprehensive protection of the insurer’s portfolio, designed to reduce volatility in underwriting results, limit exposure to large and catastrophic losses, and strengthen financial resilience.
Purpose of service:
- Stabilizing of underwriting and financial performance, reduction of portfolio volatility and improvement of insurance company’s financial sustainability
- Protection against large and CAT losses, and accumulation
- Improvement of operational efficiency of reinsurance and reduction of administrative expenses
Scope of services:
- Insurance portfolio analysis and placement strategy
- Review and determining of the optimal reinsurance protection
- Structuring and placement of reinsurance programme
- Comprehensive support throughout the life cycle of the treaty, including advice on complex and non-standard risks, assistance with the interpretation of policy terms
- Support with claims handling and settlement
- Actuarial support and modeling expertise
