CREDIT & BOND
Our Credit & Bond reinsurance business will offer pro rata and
excess of loss solutions for all traditional Trade Credit and Bond classes
emanating from Europe. We will exclusively focus on treaty reinsurance. Our
substantial capacity and our expertise will be available to all specialty
credit insurance companies and to all bond operations with dedicated and
specialized staff.

GENERAL LIABILITY, SPECIALTY LIABILITY AND MOTOR LIABILITY
We will underwrite a motor and general liability excess of loss portfolio
across all European markets with an emphasis on intermediate and upper layers
of programs. Specialty liability lines with an intermediate loss development
tail will be entertained for ceding companies with well-defined portfolios and
specialized underwriting teams. Pro rata acceptances will be considered in
exceptional cases.

PROPERTY CATASTROPHE REINSURANCE
Our property catastrophe reinsurance business provides protection for most
catastrophic losses that occur in Europe. We frequently cover the perils of
windstorm, earthquake, flood, tornado, hail and fire. Coverage for other perils
may be negotiated on a case-by-case basis. Protection under property
catastrophe treaties is provided on an occurrence basis with limited
reinstatements. Our approach is to use the most detailed data to analyze
exposures in order to provide quotations. We can provide significant
capacity to support our pricing.
Preferred data format for modeling purposes.

PROPERTY PER RISK TREATY REINSURANCE
As ceding companies de-emphasize proportional structures in Europe, we
are willing to provide significant capacity for per risk excess of loss
programs. The subject business can include residential, commercial and
industrial property risks. We provide coverage for the perils of fire,
explosion, collapse, riot, vandalism, hurricane and windstorm, tornado, flood
and earthquake. Other perils can be covered on a case by case
basis.

PROPORTIONAL TREATY REINSURANCE
AXIS will be requesting event limits in order to participate on
proportional treaty reinsurance contracts. Proportional treaty reinsurance may
contain significant risk of accumulation of exposures, both to natural and
other perils. Our underwriting process explicitly recognizes these exposures.
Natural perils, such as hurricane and windstorm, earthquake and flood, are
analyzed through our catastrophe modelling systems. We maintain our
strict profitability targets for both quota share and surplus share structures.
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