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Combination of traditional reinsurance and ART
For “Alternative Risk Transfer
(ART)”, so far, we have yet to find a generally accepted definition. However, we experience criteria for ART as follows:
- scope of cover is designed according to clients needs
- amendments in the risk profile are discussed immediately and solved promptly with
tailor made solutions
- prices for risk transfer and risk financing are stabilized
- gross profit´s extreme fluctuations are reduced to amounts manageable within a
fiscal year
- continuity
- the technics offered materialize often in launching of a captive or finite solutions,
based on reinsurance treaties
Developing a customized solution we co-operate with international insurance and
reinsurance markets, auditors and bank houses. In ART business we offer you
concepts, where we combine capacities generated from traditional reinsurance and
ART. |
