Our Service
-
Reinsurance
PIS provides reinsurance brokerage services for property, marine, and specialty insurance to ensure risk diversification and stable program management.
-
Definition of reinsurance
A contractual arrangement in which an insurer transfers part or all of the risk it has underwritten to another insurer — essentially “insurance for insurers,” allowing the sharing of claim liabilities.
-
Types of reinsurance
Facultative Reinsurance (Fac)
Proportional
Non-Proportional
Treaty Reinsurance (Treaty)
-
Proportional
Q/S
Surplus
Fac. Oblig.
-
Non-Proportional
Risk XOL
Event XOL
Stop Loss
Transaction Type
- Facultative
- Treaty
Types of Liability Sharing
- Proportional Reinsurance: Quota Share (Q/S), Surplus, etc.
- Non-Proportional Reinsurance: Includes Excess of Loss (XOL)
-