Emeritus Reinsurance bundle of products and services is tailored to ensure optimal protection of clients from both individual risk and catastrophic exposures. Our products fall into two main branches: facultative and treaty reinsurance.
- Facultative reinsurance focuses on giving protection to risks placed individually.
- Treaty reinsurance is about establishing a protection facility, with a pre-agreed scope, to a cohort of risks.
Fire Insurance
It is the insurance against financial loss sustained by the property being lost, damaged or destroyed by fire or either of the stated perils within a stated period, the liability of the insurer is limited to a specified amount called the sum insured. Some of the main types of Fire insurance policies include Assets All Risks, Houseowners and Householders and Fire and Allied Perils Policies.
Engineering Insurance
Engineering insurance refers to the insurance that provides an economic safeguard to the risks faced by the ongoing construction project, installation project, and machines and equipment in project operation. Examples of Engineering Insurance Policies include Contractors and Erection All Risks, Machinery Breakdown, Electronic Equipment Insurance and Civil Engineering Completed Risks.
Marine Insurance
This is a contract of insurance whereby the insurer undertakes to indemnify the assured in a manner and to the extent agreed against marine losses, i.e losses incidental to a marine adventure e.g fire, pirates, thieves or possibly war. Two types of Marine Insurance Policies are Marine Hull and Marine Cargo.
Aviation Insurance
This is insurance against claims and losses arising from the ownership, maintenance, or use of aircraft, hangars, or airports including damage to aircraft, personal injury, and property damage. An Aviation Insurance Policy has two main sections which are Cover for the Hull itself and Legal Liabilities arising out of the use of the Hull.
Agriculture Insurance
Protects against loss of or damage to crops or livestock from perils like Fire, Diseases and Theft. Main Categories of Agriculture Insurance are Crop Insurance and Livestock Insurance.
Our Underwriting Capacities
| wdt_ID | Maximum Retentions | US$ |
|---|---|---|
| 1 | Fire Treaty (Proportional and non-proportional) | 3 000 000 |
| 2 | Engineering Treaty (Proportional and Non Proportional) | 1 500 000 |
| 3 | Fire-Facultative | 10 000 000 |
| 4 | Engineering-Facultative | 5 000 000 |
| 5 | Marine Hull & Cargo Treaty | 1 000 000 |
| 6 | Marine Hull & Cargo Facultative | 1 000 000 |
| 7 | Miscellaneous Accident Classes & Employers liability/Workmen's compensation treaty | 3 000 000 |
| 8 | Miscellaneous Accident Classes & Employers liability/Workmen's compensation treaty | 1 000 000 |
| 9 | ||
| Maximum Retentions | US$ |
