Our reinsurance solutions are tailored to the needs of insurers to transfer risk on both General and Life policies. We enable our clients to grow faster, enter new markets, and manage their exposure intelligently.
Our platform is readily adaptable to local market requirements and insurance product innovation. Lexasure offers a combination of underwriting excellence, financial strength, and customized reinsurance solutions to worldwide exposures.
Our reinsurance solutions help improve leverage policyholder ratios and capital positions by assuming LTC, life, and annuity liabilities. We seek to provide exit strategies for discontinued life and annuity lines of business, closed blocks of in-force life and annuity business in run-off, and non-core life and annuity lines of business.
Lexasure offers multi-lined, and multi-territory reinsurance solutions focused on general reinsurance capacity or facultative reinsurance, open facilities, reinsurance treaty, surplus treaty reinsurance, and portfolio treaty reinsurance programs. We provide a broad range of General Reinsurance and Specialty Lines Reinsurance Products for policyholders.
We underwrite in broad classes of Aviation, Accident and Health, Agriculture, Bloodstock, Bond, Capital Markets, Construction & Engineering, Contingency, Credit and Surety, Financial Lines, Fine Art & Specie, Liability Lines & Warranties, Malicious Acts, Marine Cargo and Hull, Marine P&I and Energy Liability, Miscellaneous, Motor, Oil & Gas and Energy, Political Risk & Trade Credit, Political Violence & War, and Property.
Lexasure helps our clients to manage portfolio treaties of quota share and surplus lines for cedants to access ready reinsurance capacities for their risk portfolio.
Lexasure provides our local insurance clients with a platform to innovate new market opportunities and digitized operations through new go-to-market strategies that increase market share and growth capabilities while effectively managing risk.
Lexasure can also assist clients in developing strategies to enable reinsurance securitization for added capital.
We have access to global reinsurance markets through facultative reinsurance for complex and demanding risks. We understand the ever-changing needs of our clients and the fragmented reinsurance market forces. We provide proactive services and solutions that are cost-effective, competitive, and independent.
We actively work on specialized risks with values above US$100 million.
We provide innovative solutions to clients for their global reinsurance programs and maximize global reinsurance capacities at competitive risk premiums.
We leverage a highly effective network of reinsurance partners in targeted regions to increase penetration in the market and provide the level of reinsurance coverage optimal for your business strategy.
Lexasure improves leverage ratios and capital positions by assuming LTC, life, and annuity liabilities.
We broadly write reinsurance for health, critical illness, and medical insurance policies and seek to provide clients with exit strategies for discontinued life and annuity lines of business, closed blocks of in-force life and annuity business in run-off, and non-core life and annuity lines of business.
Treaty reinsurance is insurance purchased by an insurance company from a reinsurer such as Lexasure, thereby giving the insurer more stability when unusual or major events occur. The two types of treaty reinsurance contracts are proportional and non-proportional contracts.
This type of reinsurance is a contract between the ceding insurance company and the reinsurer, who agrees to accept the risks of a predetermined class of policies over a period of time. When insurance companies underwrite a new policy, they agree to take on additional risk in exchange for a premium. The more policies an insurer underwrites, the more risk it assumes.Under surplus treaty reinsurance, the cedant determines the maximum loss it can sustain on either a pro rata or proportional basis and transfers all the excess risk to the reinsurer.
With automatic reinsurance, the reinsurer agrees to assume a set of risks from the ceding company without even being given prior notice in the future.
An insurer can reduce its exposure by ceding some of the risks to a reinsurance company such as Lexasure in exchange for a fee. Reinsurance allows the insurer to free up risk capacity and protect itself from high-severity claims.
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