| |
2011 TREATY SUMMARY
| CLASS |
TYPE |
No.OF LINES |
RETENTION |
RETENTION |
| Fire/Con & HH |
Surplus |
50 lines
|
50,000,000
|
2,550,000,000.00
|
| Fire |
WXL |
|
25,000,000.00 XS
25,000,000.00
|
|
| Marine Cargo |
Surplus |
50 lines |
20,000,000.00
|
1,020,000,000.00
|
| Marine Hull |
Surplus |
40 lines
|
7,500,000.00
|
307,500,000.00
|
|
Burglary
Private
Business Premises
|
Surplus |
45 lines
45 lines
|
10,000,000.00
10,000,000.00
|
450,000,000.00
450,000,000.00
|
Money Insurance
Transit
Safe
|
Surplus |
45 lines
45 lines
|
10,000,000.00
10,000,000.00
|
450,000,000.00
450,000,000.00
|
Goods in transit
General Goods
Own Goods |
Surplus |
45 lines
45 lines
|
10,000,000.00
10,000,000.00
|
450,000,000.00
450,000,000.00
|
| All Risk |
Surplus |
45 lines
|
10,000,000.00
|
450,000,000.00
|
Fidelity
Guarantee
per Person
per Firm |
Surplus |
45 lines
45 lines
|
10,000,000.00
10,000,000.00
|
450,000,000.00
450,000,000.00
|
Personal Acc.
per Person
per known Accum.
Occupiers
Liability
Bodily injuries/Death
Builders Owners/
Liability Property Damage |
Surplus
Surplus
Surplus
Surplus
Surplus |
45 lines
45 lines
45 lines
45 lines
45 lines
|
10,000,000.00
10,000,000.00
10,000,000.00
10,000,000.00
10,000,000.00
|
450,000,000.00
450,000,000.00
450,000,000.00
450,000,000.00
450,000,000.00
|
| Prof. Indemnity |
Surplus |
45 lines
|
10,000,000.00
|
450,000,000.00
|
| Rent Assurance |
Surplus |
45 lines
|
2,500,000.00
|
25,000,000.00
|
| Directors/Offi. Liab |
Surplus |
45 lines
|
10,000,000.00
|
450,000,000.00
|
| Public/Prod. Liab |
Surplus |
45 lines
|
10,000,000.00
|
450,000,000.00 |
| Engineering |
Surplus |
40 lines
|
20,000,000.00
|
800,000,000.00
|
| Bond |
Q/Share |
40/60
|
20,000,000.00
|
50,000,000.00
|
| Motor |
Excess of loss |
1st Layer
2nd Layer
|
4,000,000 XS 1,000,000
5,000,000 XS 10,000,000
|
|
| Aviation |
Fac/Pool |
|
$250,000
BALANCE FAC TO AFRICAN RE/POOL |
|
Oil and gas
(Non exploration) |
Surplus
Excess of Loss |
See Fire &
Surplus |
MAX 50,000,000 |
2,550,000,000.00 |
Oil and gas
(exploration) |
Fac/Pool |
|
$250,000
BALANCE FAC TO AFRICAN RE/POOL |
|
(a) Nicon Oil and Energy Pool - 1.5%
(b) IGI Oil and gas insurance block - 7% |
| RE-INSURERS |
% |
| AFRICAN-RE |
55 |
| CONTINENTAL RE |
35 |
| WAICA |
10 |
| |
|
| |
|
| 100 |
|
Note:
- Oil exploration is subject to agreement with Africa Re and/or Continental Re
- NEM is a member of (a) African Oil and Energy Pool (b) African Aviation Pool.
Each risk will be dealt with on its own merit.
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