Reinsurance Products
Reinsurance Products and Solutions
Guardian Re provides access to a comprehensive range of reinsurance products designed to meet the risk transfer requirements of insurance companies operating in Zambia and across the African market. Our products are structured to provide appropriate protection while supporting efficient capital management.
Treaty Reinsurance
Treaty reinsurance provides automatic coverage for a defined portfolio of risks, enabling insurers to manage their aggregate exposures and stabilise underwriting results.
Proportional Treaties
Quota Share Under quota share arrangements, the reinsurer assumes a fixed percentage of all risks within the defined portfolio. This approach provides capacity support, stabilises results, and facilitates portfolio growth.
- Suitable for new or expanding portfolios
- Provides consistent capacity across all risks
- Simplifies administration and reporting
Surplus Share Surplus treaties allow cedants to retain a fixed amount on each risk and cede the surplus to reinsurers. This structure provides flexibility to manage large individual exposures while retaining smaller risks in full.
- Optimal retention of profitable smaller risks
- Capacity for larger risks as required
- Balances retention and cession efficiently
Non-Proportional Treaties
Excess of Loss (XOL) Excess of loss treaties protect cedants against individual losses or accumulations that exceed specified retention levels. Coverage responds only when losses breach the attachment point.
- Per-risk excess of loss for individual large losses
- Per-occurrence excess of loss for event accumulations
- Aggregate excess of loss for cumulative protection
Stop Loss Stop loss treaties provide protection when aggregate losses for a portfolio exceed a defined loss ratio or monetary threshold. This structure protects against deterioration in overall underwriting performance.
- Protection against adverse experience
- Capital preservation during difficult periods
- Supports underwriting planning and budgeting
Facultative Reinsurance
Facultative reinsurance provides coverage for individual risks on a case-by-case basis. Each risk is separately offered to and accepted by reinsurers, allowing for tailored terms and conditions.
Applications
- Risks exceeding treaty capacity
- Unusual or complex exposures
- Risks outside treaty scope or class
- Large single-site concentrations
Process
Guardian Re manages the full facultative placement process, from risk presentation through to binding and documentation. We ensure timely responses and competitive terms for each placement.
Specialty Lines
Guardian Re arranges reinsurance for specialty and technical lines of business, drawing on specialist resources and market relationships.
Property
- Commercial and industrial property
- Business interruption
- Assets All Risk programmes
- Natural catastrophe exposures
Casualty
- General liability
- Professional indemnity
- Directors and officers liability
- Product liability
Motor
- Motor fleet programmes
- Third-party liability
- Own damage coverage
Marine and Aviation
- Hull and cargo
- Marine liability
- Aviation risks
Engineering
- Construction all risks
- Erection all risks
- Machinery breakdown
- Electronic equipment
Agriculture
- Crop insurance
- Livestock coverage
- Weather index products
- Agricultural asset protection
Life and Health
Guardian Re provides reinsurance solutions for life insurers and health underwriters.
Life Reinsurance
- Individual life coverage
- Group life schemes
- Credit life programmes
- Mortality and morbidity risk transfer
Health Reinsurance
- Medical expenses reinsurance
- Aggregate stop loss
- Catastrophic illness coverage
Structured Solutions
For clients with specific capital or risk management objectives, Guardian Re develops structured reinsurance solutions tailored to their requirements.
- Finite risk programmes
- Loss portfolio transfers
- Adverse development covers
- Capital relief structures
Product Selection
The appropriate reinsurance product depends on multiple factors, including:
- Nature and characteristics of the underlying portfolio
- Cedant risk appetite and retention capacity
- Capital position and regulatory requirements
- Market conditions and pricing environment
- Strategic business objectives
Guardian Re provides advisory support to help clients select and structure the most suitable products for their circumstances.
Enquiries
To discuss reinsurance products and solutions for your organisation, please contact our team.
Telephone: +260 211 258 883 / +260 211 258 884 Email: [email protected]