Marine and Energy
Ariel Re writes on both a reinsurance and retrocession basis. Clients include Lloyd’s syndicates, P&I Clubs and reinsurance companies globally.
Ariel Re generally offers up to $35 million in capacity across its marine and energy reinsurance classes. Attachment points vary by cedent and line of business and range from remote excess of loss protection to low return period coverage.
Appetite & Availability
- Specie/fine art
- Offshore energy
- Incidental onshore energy
- Marine/energy whole account
- Marine/energy/terrorism whole account
The portfolio predominantly comprises excess of loss (XL) and proportional arrangements. For London, business standard LMA forms are used, which have been constructed on the basis of the Joint Excess of Loss Committee (“JELC”) Excess Loss Clauses.