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  • 2013 - Reinsurance Diagram

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    shashishekharsingh
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    The document outlines the structure of general excess of loss reinsurance contracts for protection and indemnity and oil pollution coverage provided by the International Group of P&I Associations for the 2013 policy year. It shows multiple tiers of unlimited reinstatements with coinsurance percentages reinsured by Hydra and retentions by individual P&I clubs. The structure provides US$3.07 billion in total coverage.

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    The document outlines the structure of general excess of loss reinsurance contracts for protection and indemnity and oil pollution coverage provided by the International Group of P&I Associations for the 2013 policy year. It shows multiple tiers of unlimited reinstatements with coinsurance percentages reinsured by Hydra and retentions by individual P&I clubs. The structure provides US$3.07 billion in total coverage.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    25 views1 page

    2013 - Reinsurance Diagram

    Uploaded by

    shashishekharsingh
    The document outlines the structure of general excess of loss reinsurance contracts for protection and indemnity and oil pollution coverage provided by the International Group of P&I Associations for the 2013 policy year. It shows multiple tiers of unlimited reinstatements with coinsurance percentages reinsured by Hydra and retentions by individual P&I clubs. The structure provides US$3.07 billion in total coverage.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    of 1

    Protection and Indemnity

    US$ 3,070m

    US$ 1,000m

    Collective Overspill Protection One Reinstatement

    International Group of P and I Associations


    General Excess of Loss Reinsurance Contract Structure Owned and Chartered Entries (including Overspill Protection, Hydra Participation, Pooling and Individual Club Retentions) 12 months at Noon GMT 20th February, 2013 Oil Pollution
    Second General Excess
    FirstReinstatements General Excess Unlimited

    US$ 2,070m

    Third General Excess


    US$ 1,000m

    Unlimited Reinstatements
    US$ 1,070m

    US$ 500m

    Second General Excess


    FirstReinstatements General Excess Unlimited

    Unlimited Reinstatements
    Coinsurance 30% Reinsured by Hydra

    Unlimited Reinstatements
    Coinsurance 30% Reinsured by Hydra

    US$ 570m

    Protection and Indemnity and Oil Pollution


    First General Excess
    Coinsurance 30% 30% Reinsured by Hydraby Reinsured

    US$ 500m

    Coinsurance

    First General Excess Unlimited Reinstatements


    US$ 70 m US$ US$ 60 m US$ 45 m US$ 30 m US$ 9m US$ US$ US$ US$ 10m 15m 15m 21m 9m ICR 5% ICR 10%

    First General Excess

    US$ 350m Hydra US$ 280m US$ 70m US$ 10m US$ 15m US$ 15m US$ 21m US$ 9m US$ 60m US$ 45m US$ 30m US$ 9m

    Unlimited Reinstatements

    Upper Upper Pool $60m - $70m RI by Hydra Pool $45m - $60m RI by Hydra Upper PoolUpper Reinsured by Hydra Lower PoolLower $30m $45m RI by Hydra Lower Pool Pool Lower Pool $9m $30m Club Retention (ICR)

    First General Excess Unlimited Reinstatements Unlimited Reinstatements ICR 5% Upper Upper Pool RI by Hydra
    Upper Pool RI by Hydra ICR 10% Lower Pool $30 $45m RI by Hydra Lower Pool $9 (CR) $30m Club Retention Club Retention (ICR) Pool - Reinsured by Hydra

    Owned Entries

    Chartered Entries

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