Excess of loss reinsurance provides protection once losses exceed a specified retention, allowing cedants to cap their exposure to large individual or aggregated events. It is widely used for catastrophe, liability, and specialty portfolios, where tail risks could otherwise threaten solvency or earnings stability. Structuring layers, attachments, and reinstatements requires detailed modelling of loss distributions and catastrophe scenarios, with purchasing decisions influenced by reinsurance market capacity, pricing cycles, and capital considerations.
The club looks ready to weather soaring claims inflation and hardening reinsurance
Irish firm secures long-term coverage with major partner
AIG, Chubb, Lloyd’s syndicates, Swiss Re, Fidelis, Liberty Mutual and Lancashire all hit by new decision
Several events trigger a complex series of claims
Platform to be provided as standard from June 2025
