A particular area of Beach's expertise is in the design and placement of Corporate Aggregate or Event Protections, sometimes referred to as Whole Account. This can be multi-line and / or multi-year aggregate event protection for both insurance and reinsurance portfolios, placed with a combination of capital and traditional markets. These may include structured placements, retrocessional placements, ILW/parametric covers and the like.
Beach has successfully designed and placed notable programs on behalf of well known global insurers and reinsurers. Cover is designed to manage P&L volatility and / or to protect surplus capital.
Beach is extremely well positioned to capitalize on the trend of large insurers / reinsurers moving towards whole account purchases due to our depth of experience, expertise and success in this highly specialized arena.
Products
- Retrocessional Catastrophe
- Whole Account Stop Loss (Risk & Cat)
- Corporate 'Objective' Reinsurance
- Full indemnity cover for Internal Reinsurance Vehicles
- Collateralized Quota Share
- Industry Loss Warranties
- Parametric Catastrophe Cover
Security Structure
- Client controlled Trust Fund
- Single Cells
- Rated paper
Markets
- ILS funds (cash collateralized)
- Reinsurance companies (rated paper)
