Non-proportional agreements

Reinsurance Management provides non-proportional reinsurance for both treaties and facultative agreements.

In non-proportional reinsurance there is no proportional ceding of the risk and no proportional sharing of the premium or the losses. The insurer is responsible for the entire loss up to an agreed amount called the attachment point. The reinsurer then pays all or part of the loss that exceeds the attachment point up to a limit previously agreed upon by the insurer and reinsurer. The reinsurance premium charged by the reinsurer does not have a direct proportional relationship to the amount of loss that the reinsurer is responsible for.