What type of risk partners is it good for?

  • Life insurers
  • Insurers considering M&A involving large inforce life business
    Highlights on this page

      Overview web link

      Highly Rated Market-leading catastrophe capacity provider
      /images/default-source/icons/svg/contract.svg?sfvrsn=8147c248_6 Consultative support from our experienced underwriters and actuaries
      /images/default-source/icons/png/people.png?sfvrsn=62675977_6 Specialist in medical expense and travel insurance business

      Today, life reinsurance is a major sector in Europe, North America and the Asia Pacific region. Even with challenges such as increased regulation, life reinsurance has been, and continues to evolve because of factors such as an aging population, urbanization, stabilization of the middle class, and changing socio-demographics. Insurance companies looking for life reinsurance want to work with a reinsurance company that is agile enough to keep up with this ever-changing landscape, yet has financial strength, stability and capacity. 

      AXIS Re can assist insurance companies with:

      • Developing new covers
      • Diversifying peak risks and claims volatility
      • Managing the financial and capital strains inherent in selling life insurance business

       

      Solutions web link

      Solution

      AXIS Life Aggregate Stop Loss Reinsurance

      Reinsurance
      Our reinsurance solution protects insurers from tail risks arising from extreme mortality, for example, those envisaged by Solvency II. The reinsurance premium for this type of protection is usually a small percentage of reinsurance cover provided. But unlike quota share, it leaves the insurer with the upside of any positive claims experience, creating a far more cost effective solution for them. This solution offers capital relief, especially for insurers regulated under Solvency II. 
       
      Typical structures for life reinsurance deals include:
      • Quota share/surplus 
      • Aggregate stop loss 
      • Per person excess of loss 
      • Catastrophe excess of loss
      Our reinsurance solution protects insurers from tail risks arising from extreme mortality, for example, those envisaged by Solvency II. The reinsurance premium for this type of protection is usually a small percentage of reinsurance cover provided. But unlike quota share, it leaves the insurer with the upside of any positive claims experience, creating a far more cost effective solution for them. This solution offers capital relief, especially for insurers regulated under Solvency II. 
       
      Typical structures for life reinsurance deals include:
      • Quota share/surplus 
      • Aggregate stop loss 
      • Per person excess of loss 
      • Catastrophe excess of loss
      Read more

      Cover is provided by AXIS Re SE which is authorized and regulated by the Central Bank of Ireland, or by AXIS Specialty Limited which is authorized and regulated by the Bermuda Monetary Authority and regulated by the Monetary Authority of Singapore for the conduct of Singapore business.

      Documents web link

      Fact Sheet

      Life Re

      View fact sheet

      Claims

      Clients can rest assured that when a claim is filed AXIS focuses on:

      • Quick decision making
      • Championing your needs
      • An honest approach
      For International Reinsurance Claims, please email: [email protected] Learn more about claims