Property
As a reinsurer, we provide capacity following our clients’ standard wordings. We adhere to following our cedents’ settlements when these are within the terms of the original insurance policy and any conditions contained within the reinsurance contract. Whilst we don’t have any branded wording, we are always there to offer support with coverage drafting and development.
Property Covers
Discover the Benefits of ASR’s Property FAC Solutions
ASR offers a comprehensive range of Property FAC solutions designed to significantly enhance your operations and product offerings. By transferring specific risks to a reinsurer, you can better manage your exposure to large or complex claims, ensuring financial stability and resilience. Our solutions enable you to underwrite larger or more complex risks that might exceed your internal capacity, giving you more leverage on terms and conditions. Partnering with ASR provides access to specialized expertise and resources, particularly in heavy industries such as Mining, Metal Processing Plants, Chemicals, Fertilizers, Railways, Warehouses, Textiles, and Cement.
Our Property FAC reinsurance is highly customizable, offering tailored solutions to meet the unique needs of our clients in the African and Middle Eastern markets. With over USD 30 million of A-rated capacity and additional capacity totalling USD 50 million, we are well-equipped to support your needs. We can write FAC on a Quota Share basis, Excess of Loss or Primaries. We value every opportunity to discuss risk with our clients and look forward to partnering with you to enhance your risk management strategies.
