What type of risk partners is it good for?

  • Life insurers
  • Health insurers
  • Property and Casualty insurers
Chee Kok Poh
Head of Accident & Health - Asia Pacific
Reinsurance
Singapore
cheekok.poh@axiscapital.comcheekok.poh@axiscapital.com
Tel +65-6579-0655Tel +65-6579-0655

Solution

AXIS Medical Expense Reinsurance

Reinsurance

Writing medical expense insurance can be challenging. Common issues include:

  • Solvency capital strain due to large premium volume
  • Low profit margin with considerable pricing risks
  • Large administration workload due to high claim frequency

Possible reinsurance solutions include:

  • Using quota share reinsurance to relieve solvency stress and improve risk management
  • Using partner technology to effectively streamline administration processes

Writing medical expense insurance can be challenging. Common issues include:

  • Solvency capital strain due to large premium volume
  • Low profit margin with considerable pricing risks
  • Large administration workload due to high claim frequency

Possible reinsurance solutions include:

  • Using quota share reinsurance to relieve solvency stress and improve risk management
  • Using partner technology to effectively streamline administration processes

Solution

AXIS Travel Reinsurance

Reinsurance

We have a deep understanding of the risks associated with the various travel insurance products, including their distribution, the destinations, seasonality and the accumulations these might create. Our reinsurance solutions often go beyond quota share and excess of loss coverages to include consultative discussions to modify product benefit levels, improve policy wording and recalibrate premium rates.

Typical structures for travel reinsurance deals include:
  • Quota share, including pre-existing medical condition risks
  • Risk excess of loss
  • Catastrophe excess of loss
  • Combined risk and catastrophe excess of loss

We have a deep understanding of the risks associated with the various travel insurance products, including their distribution, the destinations, seasonality and the accumulations these might create. Our reinsurance solutions often go beyond quota share and excess of loss coverages to include consultative discussions to modify product benefit levels, improve policy wording and recalibrate premium rates.

Typical structures for travel reinsurance deals include:
  • Quota share, including pre-existing medical condition risks
  • Risk excess of loss
  • Catastrophe excess of loss
  • Combined risk and catastrophe excess of loss