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Perspective

"Carve-Out" Tough Exposures With Fac [Presentation]

February 17, 2015| By Mike Maloney | Property | English

“Carve-out”: it doesn’t instantly call to mind a reinsurance solution, does it? Actually, for insurers it can be an incredibly effective way of removing an ugly exposure from an otherwise attractive schedule. Insurers sometimes find a single high hazard exposure means they have to decline a desirable account or reduce their participation. With a tailored carve out facultative solution it’s possible to retain a reasonable level of risk and at the same time isolate the problematic hazard. Our Slideshare highlights some of the ways our clients have used carve outs as an underwriting tool - because we don’t want to lose viable risk opportunities any more than you do.

 

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