About Berkley Re (see )
The Berkley Re team based in London is a provider of Property & Casualty Reinsurance writing an International account from a European base. Our experienced underwriting teams write a broad range of Property Treaty, Casualty Treaty and Property Facultative products. We believe in building strong long-term cross-class relationships with our clients and brokers, offering meaningful lead capacity coupled with an innovative and collaborative underwriting approach. Superior service & flexibility is at the core of our offering and we are dedicated to working with our trading partners to develop new products and solutions to their reinsurance needs.
Our aim is to represent W. R. Berkley Corporation in key International Reinsurance Markets. Berkley Re writes on behalf of W. R. Berkley Europe AG, a member company of W. R. Berkley Corporation. Berkley Re is able to leverage the expertise of its parent company, W. R. Berkley Corporation to provide superior product and service. We are rated A+ (Superior) A.M. Best and A+ (Strong) S&P.
The location of our offices in the heart of the London insurance market, coupled with the talent of the team, enables us to deliver mutually beneficial reinsurance arrangements in a timely manner.
We are also proud to recognize the different conditions of each local market and we will ensure that you get individual attention. Our experienced underwriting team travels widely in support of the business, building an understanding of local market conditions and out client’s unique business neds.
Berkley Re prides itself on giving you special attention to individual risk inherent characteristics and the ability to provide International Property Reinsurance to clients worldwide, and Casualty Treaty Reinsurance to clients domiciled in Europe, Middle East, Africa and Caribbean.
PROPERTY TREATY REINSURANCE
International Property Treaty Excess of Loss, Proportional Treaty and Stop Loss Reinsurance, with the focus on Catastrophe and Risk Excess of Loss, including:
Direct Property Treaty
£10m Cat XL normal Max
£5m Risk XL
The International Property Treaty team is well established and respected in its market. It offers a superior service and flexibility endeavouring to assist in managing risks and exposure in a timely and controlled manner across its product lines. The team strives to deliver long-term partnerships and a responsive service to its clients.
CASUALTY TREATY REINSURANCE
Casualty Excess of Loss and Proportional Treaty Reinsurance including:
General Third Party Liability
Directors and Officers
£5m vertically limited placements
7.5% unlimited motor placements
The Casualty Treaty team are experienced and well respected in the market, and between them provide solutions to both UK and International Reinsurance clients in all the product lines offered. The team offers expertise and innovation along with customer service and class leading security.
PROPERTY FACULATIVE REINSURANCE
Global Property Facultative Reinsurance including:
Fire and Allied Perils
Construction All Risks
Erection All Risks
Power & Energy
Stand Alone Natural Catastrophe
Whilst offering depth of knowledge on individual risk assessment and pricing, for both existing and new risks, we are also dedicated to structuring bespoke solutions whilst recognising client’s expertise in their own portfolios.
About our Facilities:
We are also dedicated to structuring facilities, which will give you a real solution and recognize your specific expertise of your own portfolios. Our automatic, semi-automatic and prior submit facility products offer a tailor made solution to our clients. We are proud of our instant and superior service to our clients, whilst being flexible and understanding of clients’ needs.
Our products respond to the specific requirements of cedants, and takes into consideration the composition of the portfolio as well as the territorial scope in question.
We are able to offer flexible contract terms and conditions across a wide range of program structures, reinsurance limits and attachment points
Capacity Driven Facilities:
We work in conjunction with cedants to take a more prominent position on targeted risks where they can deploy their local knowledge and expertise more effectively, thus enabling them to take a lead position
Portfolio Driven Facilities:
We provide bespoke solutions to create a perfect balance between treaty and facultative outwards reinsurance purchasing
Market Segment Driven Facilities
We recognise and encourage cedants to target specific profitable sectors of the market
How do we do this:
The facultative team offer a superior service and flexibility whilst endeavouring to assist in managing risks and exposure in a timely and controlled manner.
We are able to offer you a significant capacity of up to USD/EUR 75 million per risk or on a facility basis, on an excess of loss basis.
In addition we can offer turn-key solutions for example Cyber via Berkley Re Solutions.
Our experts focus on flawless engagement from design through market launch. We focus on casualty turn-key programs including Commercial Cyber, Family Cyber Protection ™ (personal lines) and Farm owners Cyber https://www.berkleyre.com/solutions/custom-turnkey-solutions/
W. R. Berkley Corporation was founded in 1967. Each of the 54 operating units within Berkley participates in a niche market, requiring specialised knowledge about a territory or product. Our advantage lies in our long-term strategy of decentralised operations, allowing each of our units to identify and respond quickly and effectively to changing market conditions and local customer needs.
Emily Wright, Senior Underwriter International Property Treaty, will attend the forthcoming ICMIF Biennial Conference (12-15 November 2019) in Auckland (New Zealand) and will be available for conversations with ICMIF delegates. Berkley Re have established relationships with many of ICMIF’s mutual clients and look forward to discussing their needs further to be supportive where possible.