Direct Property Facultative Reinsurance
Our Direct Property Facultative team underwrites direct, non-proportional facultative reinsurance for U.S. based insurers. We write most classes of on-shore Property, Inland Marine, and Boiler & Machinery. Our underwriters are vested with full authority at the branch level and in most cases can turn-around a quote in 24 hours or less.
Products available
- Property
- Inland Marine
- Boiler & Machinery / Equipment Breakdown
- Auto Physical Damage
- Automatic Binding Agreements
- Single class or portfolio
- Per risk excess preferred
Reinsurance offered
- Property risk excess of loss (excess layers within and above PML)
- All Risk,(preference to exclude earth movement and flood)
- Single location or schedules (preferably single location)
Target market
Preferably single location, non-catastrophe, attaching excess of attritional or normal loss expectancy.
Business classes
- Hospitals
- Manufacturing (metal/plastics)
- Institutional
- Governmental
- Warehousing
- Residential / habitational
- Office buildings
- Airports
- Technical exposures
- Mining, integrated steel, power generation, complex chemical, semiconductor manufacturing, pulp and paper
Classes typically excluded
Limits
$100 million
Program parameters
Reinsurance is written by Catlin Underwriting Inc. for and on behalf of the SJC Syndicate 2003 of Lloyd's.
