Reinsurance remains a significant part of the ability to provide insurance products across the Middle East and beyond. The domestic insurance community continues to grow as does their demand for reinsurance capacity to meet the needs of their policyholders. At PWS Gulf, our dedicated reinsurance team have comprehensive and in many cases unrivalled access to the major global insurance markets, such as London, Bermuda, Europe, and the Middle East and Far East, to provide the expert and financially strong capacity required by cedants. We also have relationships with the emerging local (UAE and Gulf region) reinsurance markets which have developed into a real choice for cedants in recent years.
PWS Gulf Capability
Most of PWS Gulf’s reinsurance activities have met cedant’s demand in the Financial Institutions, Jewellers, Engineering, and Professional Indemnity and/or Medical Malpractice sectors. However, we also provide reinsurance support on Property, Marine, and other coverage lines where necessary. We constantly strive to deliver quick documentation and claims service for cedants. Access to specialist binding authority arrangements can also be utilized for several lines of business.
We can place covers on both a treaty and facultative basis utilising our relationships with strong highly rated underwriters.
- Facultative – most classes of Non Marine and Marine.
- Treaty – proportional & non proportional
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