New India Assurance created a new Property Treaty account from 2011 which has since grown in size and strength.
We participate in a varied mix of reinsurance solutions today though we do not look to reinsure on a retrocessional (XL on XL) basis except potentially on a limited single territory basis; nor do we provide capacity for Liability or Motor Third party lines.
- Geography spread across USA, Canada, Caribbean, Europe and Japan, China and the wider Asia. Willing to look at new regions.
- Deal with all the major international property treaty brokers, as well as smaller more specialist ones for specific territories.
- Capacity and line structure is GBP 15m maximum per programme or currency equivalent, with support potentially available throughout a programme.
- Products include Property Treaty catastrophe and Aggregate Excess Loss, Stop Loss, Per Risk Excess loss, and Pro Rata Treaty.
- Fast and reliable claims and premium processing service via the London XIS bureau, or outside this bureau at Clients’ option.
- Small lean team ensures nimble and quick response.