🏠 Non-Life Reinsurance: Securing Diverse Risks
Island Re is a trusted partner in the Property & Casualty (P&C) reinsurance market, providing essential capital protection against diverse, complex risks. We help our cedents stabilize earnings, manage volatility, and optimize capital across their entire non-life portfolio.
Our Non-Life Expertise
We offer tailored reinsurance solutions across both short-tail (immediate losses) and long-tail (delayed losses) lines of business.
1. Property Reinsurance
We provide crucial capacity to protect against large, volatile events that impact physical assets.
- Catastrophe (CAT) Protection: Offering Excess of Loss (XOL) and Aggregate coverage against severe natural perils such as hurricanes, earthquakes, and windstorms. We focus on transparent modeling to structure coverage that truly shields capital from Probable Maximum Loss (PML) scenarios.
- Per-Risk Coverage: Providing proportional and non-proportional protection for large, individual risks within a primary insurer’s portfolio (e.g., major commercial buildings, industrial facilities).
- Specialty Property: Capacity for niche exposures, including terrorism, political violence, and engineering risks.
2. Casualty Reinsurance
We specialize in managing the significant uncertainty and delayed emergence associated with liability risks.
- General Liability: Protection against bodily injury and property damage claims arising from premises, operations, and products.
- Professional Liability (E&O/D&O): Capacity for Errors and Omissions (E&O) and Directors and Officers (D&O) liability, managing exposures related to litigation trends and regulatory changes.
- Motor (Auto) Liability: Reinsurance for large, catastrophic motor liability claims, particularly in jurisdictions with high jury awards.
3. Specialty & Emerging Non-Life Lines
As the risk landscape evolves, we help clients navigate new and difficult-to-model exposures.
- Cyber Reinsurance: Providing capacity for both direct cyber loss (e.g., business interruption) and cyber liability, with an emphasis on systemic risk aggregation management.
- Parametric Reinsurance: Structuring non-traditional, data-triggered coverage that pays out based on predefined physical parameters (e.g., wind speed, seismic intensity) rather than actual incurred loss, offering immediate liquidity.
- Surety & Credit: Reinsurance for exposures related to financial guarantees and trade credit risks.
Solution Structures We Offer
Island Re structures programs using a variety of treaty types, tailored to achieve specific capital and volatility management objectives:
| Treaty Type | Purpose | Key Benefit |
| Quota Share (Proportional) | Sharing risks and premiums based on a fixed percentage. | Provides immediate capital and expense relief. |
| Excess of Loss (XOL) | Paying losses above a predetermined retention level. | Protects against volatility and catastrophic events. |
| Stop Loss | Capping the primary insurer’s aggregate loss ratio for a period. | Stabilizes annual earnings and protects underwriting results. |
| Aggregate Excess of Loss | Protecting against the accumulation of numerous smaller losses. | Manages exposure to secondary perils and frequency risk. |
💡 Our Analytical Edge: Our Non-Life team leverages our proprietary Catastrophe Modeling and Risk Management services to drill down into the underlying exposures, ensuring the reinsurance coverage precisely matches the client’s needs and capital requirements.
Partner with Island Re
Talk to our Non-Life underwriting team to design a reinsurance program that stabilizes your balance sheet and supports your growth strategy.