21A Thomas Avenue, Off Samuel Louis Road, Aberdeen, Freetown, Sierra=Leone


Island ReSolutions

Island Reinsurance assists our cedents by providing:

1. Underwriting Assistance:

With their diverse books of business, reinsurers can provide the technical expertise cedents need to enter new lines of coverage or to write risks in areas of Canada that the underwriter is not familiar with. This helps cedents to broaden their book of business and expand their underwriting opportunities.

2. Capacity:

Reinsurance allows the cedents to write larger amounts of insurance. This helps solve problems on otherwise quality accounts.

3. Financial:

Reinsurance eases the strain on the cedent’s surplus during rapid premium growth. Premiums ceded to reinsurers are not included in the cedent’s unearned premium reserve – which is carried as a liability on the cedent’s financial statement. As a result, the cedent’s premium to surplus ratio is reduced and there is enhanced ability to write business.

4. Stabilization:

Reinsurance helps smooth the cedent’s overall operating results from year to year generated by economic, social and natural forces. It protects the cedent’s capital and surplus needed for growth as well as a cedent’s customers, shareholders and to some extent its employees.

5. Marketing Tool:

Reinsurance expands the cedent’s ability to assume risk. This in turn, enhances the cedent’s image as a broad based market and a responsive insurer and can add confidence when in an unfamiliar coverage area.

6. Catastrophe Control:

Reinsurance protects the cedent against a single catastrophic loss or multiple large losses. Reinsurance also affords protection against casualty losses in which multiple insureds can be involved in one occurrence.

7. Withdrawal:

Reinsurance provides a means for the cedent to maintain a class of risk that the company has withdrawn from due to a line of business, geographic area or production source.


Island Re, we offer superior capacity and expertise for all forms of treaties, including proportional and excess of loss.

Our product lines include all of the traditional areas of Property and Casualty reinsurance, and are complemented by our flexibility and ability to tailor products to meet the most unique needs of our clients.

Our many value-added services include:

  • Underwriting reviews of Property and Casualty portfolios
  • Analysis of reinsurance portfolios and development of appropriate reinsurance programs and structures

All the above combine to make Island Reinsurance the preferred choice for African insurers.


Our underwriters are specialists in all aspects of this line of business and have expertise in exposures and access to International rating programs.

We write all types of Casualty risks including:

  • Comprehensive General Liability including Buffer Layers
  • Personal and Commercial Umbrella
  • Automobile Liability including Accident Benefits
  • Professional Liability including Malpractice
  • Wrap Up Liability
  • Tenant’s Legal Liability
  • Non Profit Directors and Officers Liability for Condominiums

Typical Special Risk insurance clients are:

  • Risk Managed and are focused on Corporate Governance and Catastrophe containment
  • Risk Assuming with particular Risk Transfer needs; examples would include Reciprocals, Retention Programs, and Captives
  • Financial 500 Companies with industry specific coverage needs
  • International Firms faced with the ongoing task of evaluating and transferring exposures across a broad jurisdictional landscape
  • Associations requiring a stable partner with the necessary sophistication to entertain industry specific coverage amendments
  • Professional bodies seeking insurers and reinsurers who understand, converse in, and can add an actuarial dimension to their partnership dialogue