Structured Reinsurance

Structured Reinsurance

We aim to provide a best-in-class service in providing alternative solutions for risk that fall outside the central core, easily packaged, "commoditised" portions of reinsurance programmes.

These are areas where client focus, analytics, and flexibility combined with market expertise can be leveraged in an innovative way to offer clients a real choice. We provide bespoke solutions to clients by taking the time to get to know and understand their individual business in contrast to a "one size fits" all approach.

There are many organisations that genuinely need support in managing risk, yet cannot get suitable service from the conventional market. Situations where the purchase of structured products might be considered include:

• Insufficient recognition of a company's portfolio
• Requirements for new business lines or restructured portfolios
• Punitive terms owing to historical or market factors
• Inflexibility of coverage offered
• Increased retentions and general risk management issues.

We offer a range of products which include Aggregate Excess of Loss, Multi-line/Multi-year and Stop Loss contracts. Features such as aggregate deductibles, floating retentions, profit sharing, franchise triggers etc. may be used to generate an alignment of interest. Consequently, we find solutions that may otherwise be viewed as unattractive on a purely conventional basis.

Our key market focus includes Lloyd's syndicates, small to mid-size companies and captive/risk retention groups.

This business is sourced by Canopius Ireland Limited and underwritten by Canopius Bermuda Limited, a Class 3A reinsurance company with capital of approximately $200m.