Is a division of Shimanda Capital Solution, reg 2007/140275/23, FSP licence 41837. The division offers reinsurance brokerage expertise to its non-geo-specific insurance clients for the placement of risks across the global spectrum. Our turf, comprise facultative and treaty reinsurance portfolios.
We provide facultative reinsurance solutions with a view to mitigating balance sheet risk for our clients (insurers) across the insurance spectrum, placed through reputable reinsurers with a global footprint. We negotiate separately these solutions on a risk basis for placement with reinsurers. These risks are availed by ceding insurance companies for individual risks not covered, or insufficiently covered by their reinsurance treaties, for amounts more than the monetary limits of their reinsurance treaties and for unusual risks.
In our quest to mitigate underwriting expenses, consistent with such business as each risk is individually underwritten and administered, we negotiate for exclusive rates for our clients whilst making sure that each risk placed with a reinsurer is separately evaluated and the reinsurer’s underwriter can price the contract more accurately by reflecting the relevant risks involved.
Ultimately, on behalf of the ceding client, we secure a facultative certificate from the reinsurance company as confirmation of the insurance policy placement.
We use a team of underwriting consultants, treaty specialists and actuarial experts for purposes of conducting qualitative and quantitative analytics in respect of risks associated with our clients’ balance sheets and recommend optimal treaty structures and types of covers to purchase from reinsurers.
We optimise capital preservation for our clients based on the two main types of treaty reinsurance, namely proportional and non-proportional reinsurance. Under the proportional option, we broker most favourable agreements whilst notably, the reinsurer’s share of the risk is defined in the treaty for each separate policy.
Under non-proportional reinsurance, we recommend and negotiate favourable structures for our clients in which case the reinsurer’s liability is based on the aggregate claims incurred by our ceding clients.
