Reinsurance is a mechanism to transfer risk exposure from an Insurance company to a Reinsurance company. In an unpredictable global climate, TMIBASL brings traditional and customized Reinsurance solutions that suits the needs of the insurance company.
Our team comes with technical competence, industry knowledge and practical experience of global markets to help Insurers prepare for difficult times. We believe that claims recovery is a test of certainty regarding reinsurance placements. We strive to achieve the reinsurer's concurrence on valid claims, followed by prompt recovery. This eases the cash flow requirement and helps our clients to timely honor their promise.
Treaty Reinsurance is an annual Contract, which provides automatic capacity to Insurance Companies, to write business on the Strength of the reinsurance capacity (Quota Share or Surplus Treaty) without referring to the Reinsurers. It also protects the exposure on the portfolio of business written by Insurance Company for a particular class of business or the whole book of business (by excess of loss or stop loss treaty).
At TMIBASL, we strive to provide capacity from Long term and stable markets with the entire process based on transparency and integrity. We assist to innovate products and coverages in the interests of our clients to allow them the flexibility of underwriting business and handling claims with utmost efficiency.
We specialize in arranging treaty arrangements for all classes of businesses.
Disclaimer: For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale.
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