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Re-Insurers

Major Ten Reinsurers

Reinsurer Country of Origin
Swiss Reinsurance Company Switzerland
Scor Reinsurance Asia – Pacific Pte. Ltd. France
Lloyd’s of London United Kingdom
R+V Versicherung AG Germany
Toa Reinsurance Company Limited Japan
Odyssey Reinsurance Corporation U.S.A.
General Insurance Corporation (GIC Re) India
Sirius International Insurance Corporation (Publ) Sweden
Trust International Insurance & Reinsurance Company B.S.C. Bahrain
Taiping Reinsurance Co. Ltd. Hong Kong

Retention of Risks under various classes of Insurance

Class Net Retention per event
including catastrophic events (Rs.)
Fire including Consequential Loss & Engineering 40,000,000/-
Personal Accident including Travel Insurance 2,000,000/-
All other Miscellaneous classes 5,000,000/-
Marine Cargo & Marine Hull 15,000,000/-
Motor Insurance including Third Party Liabilities  
– Non Natural Catastrophic Events 10,000,000/-
– Natural Catastrophic Events 20,000,000/-
Strike, Riots & Civil Commotion Nil
Terrorism Nil

Claims above these limits are recoverable under our Reinsurance Programme.

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