Our reinsurance policy provides the highest degree of reliability. We work with such highly-recognized and well-reputed insurance and reinsurance societies as Munich Re (Germany), Swiss Re (Switzerland), Hannover Re (Germany), SCOR (France), Lloyd’s syndicates, etc.

Renaissance Insurance has also established partnership with the following world-renowned insurance and reinsurance brokers: Marsh, Willis, Aon.

Property Portfolio

The property portfolio of Renaissance Insurance Group is protected by an Excess of Loss treaty. Our reinsurers are: Swiss Re, Hannover Re, SCOR, Partner Re and others.

The treaty limit is $ 100 mln. and includes coverage for:

• Property fire and allied perils insurance
• Property all risks insurance
• Machinery breakdown insurance
• Electronic equipment insurance
• Business interruption insurance (loss of gross profit, loss of rent)
• Contractor’s (erection) all risks insurance including contractor’s plant and machinery insurance.

Hull and Cargo

The hull portfolio for sea vessels and builder’s risks, as well as the Company’s cargo portfolio are protected by a treaty on the excess of loss. Our reinsurers are: Munich Re, Hannover, and others. The treaty limit is $ 10 mln.

Motor Portfolio

Renaissance Insurance’s motor portfolio is protected by a catastrophic nonproportional reinsurance treaty . Reinsurers: SCOR, Hannover Re, Liberty Syndicate and others. The treaty limit is $ 3 million.

Accident and Health Portfolio

The Company’s personal accident and health portfolio (including death risk regardless of cause) is protected by proportional reinsurance treaties with Munich Re and Gen Re.

Industrial Risks

Large industrial risks exceeding the capacity of the reinsurance treaty, as well as non-standard risks or risks not falling under the treaty coverage are reinsured on the facultative basis with the leaders of the international and Russian insurance markets with which Renaissance Insurance Group maintains long-term business relations.

Our flexible and well-designed system of reinsurance portfolio ensures our company’s high financial stability and ensures timely claims settlement to our clients.