Property Treaty

Coverage Highlights

Ariel Re provides superior service by being a quoting market for traditional structures such as catastrophe XL, aggregate XL, per-risk XL, and quota-share arrangements. Also, the company is a quoting market for less-standard placements, such as top and drop, cascading covers, RPPs and multiyear deals. Property treaty is predominantly catastrophe focused and is underwritten on a global basis by the U.S. and International underwriting teams.

Coverage Amounts

Capacity

When a program meets Ariel Re’s data and pricing requirements, the preference is to allocate material capacity. Ariel Re strongly believes that having a detailed understanding of a relatively small number of accounts, rather than a limited understanding of a large number of accounts, will lead to improved gross account performance. This belief has been proven by the account’s gross loss ratio since inception.

 

While the average line size per cedent is approximately $15 million, Ariel Re has deployed more than $100 million for core partners.

Attachment Point

Ariel has no attachment point preference. Our current portfolio includes low return period coverage and extremely remote excess of loss protection.

Appetite & Availability

Business emanating from the United States continues to form the primary exposure of the portfolio. Our U.S. team provides capacity to a diverse client base, including single-state writers, residual markets and nationwide carriers.

 

Outside the U.S., Ariel Re’s international treaty team reinsures business on six continents. Capacity and solutions are offered for a broad array of clients. Partners include companies writing business in niche zones within a single country as well as those writing on a global basis.

Contact

Chief Underwriter, U.S. & International Property Reinsurance

441-300-3710

Email Mike Cornish

Head of International Property Reinsurance

441-535-7190

Email Joel Willens

Underwriter, Property Reinsurance

+44 20 3059 6747

Email Tom Orton