Energy Reinsurance
We provide cover for Facultative Risks in the following subsections of energy:
• Oil Refineries & Gas processing plants
• Petrochemical Plants
• LNG(Liquefication/Regasification) plants
• Pipelines
• Terminals
• Control of Well/Operators Extra Expenses
• Onshore Rigs
• Energy/Operators/Contractors packages
• Platforms
• Pipelines and Subsea Assets
• Drilling Units/Mobile units
• FPSO/FSO & FLNGs
• Single Point Mooring (SPM) or
Single buoy Mooring (SBM)
• Control of Well/Operators Extra Expenses
• Construction/Conversion – associated
with any of above
Energy Onshore: up to US$ 65M
Energy Offshore: up to US$ 55M
Mohamed Salman
Head of Facultative Underwriting
Ebrahim Jewaid
Senior Underwriter
Ruqaya Ali
Underwrite
Engineering Reinsurance
We provide cover onshore construction and engineering projects as detailed below :
• Oil & Gas including Refinery, Tank Farms and Terminals
• Petrochemical Complex
• Liquefied Natural Gas (LNG)
Plants & Terminals
• Oil, Gas & LNG terminals
• Fertilizer Plan
• Power (Thermal, Gas and Combined cycle)
• Industrial and Manufacturing Risks like Steel, Aluminium Smelters, Chemical & Cement factories
• Erection All Risk Insurance
• Third Party Liability
• Contractor’s Plant and Machinery
• Principals Advance loss of profits/Delay in Startup
• First year operational/Business interruption
Up to US$ 55M
Mohamed Salman
Head of Facultative Underwriting
Ebrahim Jewaid
Senior Underwriter
Ruqaya Ali
Underwriter
Alternative Energy Reinsurance
We provide Operational & Construction cover for Facultative Risks in the following subsections of green energy
- Biofuel / Biomass Energy
- Geothermal Energy
- Hydro-electric Energy
- Wind Energy (Onshore / Offshore)
- Waste to Energy
- Fuel Cell Energy
- Solar PV (Onshore / Offshore)
- Solar CST Energy
Onshore up to US$65M
Offshore Up to US$ 55M
Mohamed Salman
Head of Facultative Underwriting
Ahsanullah Amanullah
Senior Underwriter
Hanin Al Awadhi
Underwrite
Property Facultative Reinsurance
We provide property and business interruption insurance for a huge range of industries which includes the following
- Power & Utilities
- Chemicals & Fertilisers
- Commercial
- Manufacturing & Food Processing
- Residential
- Technology
- Airports & Transport
- Heavy Industries and Metalworking
Up to US$ 65M
Mohamed Salman
Head of Facultative Underwriting
Ahsanullah Amanullah
Senior Underwriter
Hanin Al Awadhi
Underwrite
Noor Sarro
Underwriter
Life & Health Reinsurance
- Our risk appetite includes
- XL Cat and XL Per Life as well as Proportional Treaty
- Facultative enquiries either for Group or individual
- Underwriting either on Treaty or Facultative lines of business such as: Group Life, Credit Life, Individual life
- Risk wise, we are studying: Life, Disability, Critical Illness, Long Term Care, Personal Accident
- Unemployment cover can be studied if
- Rider to Life
- Cover is limited in terms of amount and duration
Group Life: up to US$ 5M (max. per life)
Individual Life: up to US$ 5M (max. per life)
Credit Life: up to US$ 5M (max. per life)
Ali Mohsen
Head of Personal Lines
Elias Nahas
Senior Underwriter
Affinity & Specialty Lines Reinsurance
The Affinity division provides underwriting services and capacity for certain insurance products, particularly those of large volume but with small premiums.
- Our Affinity products cover
- Auto Warranty
- Guaranteed Asset Protection (GAP)
- Brown & White Goods
- Affinity Packages
Our capacity is available up to 100% on a facultative basis, with minimum risk size requirements. Up to US$ 5M
Ali Mohsen
Head of Personal Lines
Eman Al Naqi
Senior Underwriter
