Reinsurance Solutions

Facultative:

Buying FAC reinsurance was once perceived as time consuming and administratively burdensome. However now it is accessible, efficient and strategic. Our unique skills and global reach allows the growth of our clients’ business without exposing underwriting results to excessive volatility from individual policy coverage.

 We at Berns Brett India will ensure that we negotiate the best price, terms and conditions with the most appropriate reinsurance markets using our unique skills. Our global reach ensures access to optimal capacity at the best price.

Treaties:

Treaty reinsurance is a reinsurance of specified type or class of insured exposures that are automatically ceded and accepted within the terms of the reinsurance contract.

Quota Share Treaty reinsurance is not commonly practised in Indian market except for compulsory cession of 5% of each and every Indian risk to GIC Re, our National Reinsurer.

Surplus and Excess of Loss Treaty arrangements are the common forms of risk transfer practised by Indian companies and are placed in International market.

Our reinsurance team has built up strong relationships over the years in both the Indian and International markets. This enables us to place our clients’ business with strong rated reinsurers and our affiliation to Berns Brett group UK allows us access to the Lloyds market. We are able to offer the best advices so as to improve the efficiency and efficacy of our clients’ existing reinsurance arrangements.