Accident Reinsurance

First Re has an innovative and distinct approach to underwriting Motor and Accident risk exposures, working closely with cedants and reinsurers to perfect the design of the product.

In view of ensuring that all risks underwritten by the cedant in their Motor and Liability department, our Underwriters keenly analyze and model appropriate treaties, capturing all risks underwritten in the cedant’s Motor department.

We ensure that the specific requirements of the original policy limits, wordings and territorial coverage are well captured.

Risks expected in the Motor and Accident Department include:

  1. Third Party Bodily Injury
  2. Third Party Property Damage
  3. Motor Own Damage
  4. Personal Accident
  5. Group Personal Accident
  6. Theft
  7. Money
  8. Plate Glass
  9. Fidelity Guarantee

We design both proportional and non-proportional Motor and Accident treaties:

  • Miscellaneous Accident Surplus
  • Motor and Accident Excess of Loss
  • Motor, Accident and Liability Excess of Loss

First Re will also provide facultative reinsurance support for all risks that are above the reinsured’s capacity.

We also ensure that renewal of your Motor and Accident treaties are given special attention. First Re will analyze and discuss any improvements to your treaty to ensure that the following year has a better arrangement to suit the oncoming expectations.