Reinsurance Consulting Services
Reinsurance plays a critical role in protecting insurance companies, brokers, and large organizations from excessive risk exposure. Our consulting services focus on optimizing reinsurance strategies to enhance financial stability and risk management.
6.1. Reinsurance Program Design
Risk Assessment: Evaluate the client’s portfolio to determine reinsurance needs based on risk exposures and retention capabilities.
Program Structuring: Develop customized reinsurance structures, including proportional, non-proportional, facultative, or treaty reinsurance programs.
Capacity Optimization: Ensure adequate reinsurance capacity to support business growth while managing risks effectively.
6.2. Contract Analysis and Negotiation
Contract Review: Analyze reinsurance treaties and facultative agreements to ensure favorable terms, conditions, and pricing.
Negotiation Support: Assist in negotiating with reinsurers to secure competitive terms and optimal coverage.
6.3. Risk Transfer Solutions
Alternative Risk Financing: Explore options such as Insurance-Linked Securities (ILS), catastrophe bonds, and other innovative reinsurance solutions.
Portfolio Diversification: Advise on strategies to diversify risk across multiple reinsurers to reduce counterparty concentration.
6.4. Claims and Recoveries Management
Claims Assistance: Support in preparing and submitting claims to reinsurers for timely recovery.
Dispute Resolution: Offer expertise in resolving disputes related to reinsurance claims or contract interpretations.
6.5. Regulatory and Compliance Support
Compliance Audits: Ensure reinsurance arrangements comply with local and international regulatory frameworks.
Risk-Based Capital (RBC) Optimization: Advise on reinsurance strategies to improve RBC ratios and enhance financial solvency.
6.6. Strategic Advisory
Market Analysis: Provide insights on global reinsurance market trends, pricing, and capacity.
Risk Retention Strategies: Recommend optimal retention levels to balance risk and cost.
Reinsurance Renewals: Support clients in preparing for and negotiating reinsurance renewals.
At I&M we combine deep industry knowledge with strategic insights to design reinsurance solutions that strengthen your risk management framework. Whether you’re an insurance company, broker, or large organization, we deliver tailored advice to meet our customers specific needs.