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SPECIALTY REINSURANCE
In today’s business environment, risks across all classes regularly defy the commodity approach – demonstrating the frequency of severity and unpredictable volatility of the market. Business that was once regarded as a commodity can catch the insurance industry off-guard when the magnitude of the aggregation of risk becomes unmanageable, causing an availability crisis.
Across the spectrum of business in the U.S. today, 40 percent or more of the volume requires a Specialty approach in some aspect of its distribution, underwriting, coverage, risk management or aggregation. As the leader in market, Carvill has developed sophisticated products to meet those unique market demands in the following business segments:
- Captives – Industry Mutuals, Risk Retention Groups and Risk Pools
- New Underwriting Platforms for Specialist Underwriters
- New Products and Financial Solutions
- Professional Liability Underwritten by Specialists
- Property and Casualty Business
- Retrocession – LMX and Alternative Catastrophe Products, including Industry Loss Warranties
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