Treaty Summary
 

CLASS

TYPE

NO OF LINES

RETENTION

TOTAL

  CAPACITY

 

 

 

N

N

FIRE/CON & HH

SURPLUS

50 LINES

50,000,000

2,550,000,000.00

 

 

 

FIRE

WXL

 

25,000,000 XS 25,000,000

 

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:

SURPLUS

45 LINES

                  10,000,000.00

450,000,000.00

BUSINESS PREMISES:

45 LINES

                  10,000,000.00

450,000,000.00

MONEY INSURANCE

 

 

 

 

TRANSIT:

SURPLUS

45 LINES

                  10,000,000.00

450,000,000.00

SAFE:

45 LINES

                  10,000,000.00

450,000,000.00

GOODS IN TRANSIT

 

 

 

 

GENERAL GOODS

SURPLUS

45 LINES

                  10,000,000.00

450,000,000.00

OWN GOODS

45 LINES

                  10,000,000.00

450,000,000.00

ALL RISKS

SURPLUS

45 LINES

                  10,000,000.00

450,000,000.00

FIDELITY GUARANTEE:

 

 

 

 

PER PERSON

SURPLUS

45 LINES

                  10,000,000.00

450,000,000.00

PER FIRM

45 LINES

                  10,000,000.00

450,000,000.00

PERSONAL ACC.:

 

 

 

 

PER PERSON

SURPLUS

45 LINES

                  10,000,000.00

450,000,000.00

PER KNOWN ACCUM.

SURPLUS

45 LINES

                  10,000,000.00

450,000,000.00

 

 

 

                  10,000,000.00

450,000,000.00

OCCUPIERS LIABILITY:

 

 

 

 

BODILY INJURIES/DEATH

SURPLUS

45 LINES

                  10,000,000.00

450,000,000.00

BUILDERS OWNERS/

 

45 LINES

                  10,000,000.00

450,000,000.00

LIABILITY

SURPLUS

45 LINES

                  10,000,000.00

450,000,000.00

PROPERTY DAMAGE

 

 

 

 

PROF. INDEMNITY

SURPLUS

45 LINES

                  10,000,000.00

450,000,000.00

RENT ASSURANCE

SURPLUS

 

                2,500,000.00

25,000,000,000

ENGINEERING

SURPLUS

40 LLINES

20,000,000.00

800,000,000.00

BOND

Q/SHARE

40/60

                20,000,000.00

50,000,000

MOTOR

EXCESS

1ST LAYER

   4,000,000 XS  1,000,000

 

OF LOSS

2ND LAYER

5,000,000 XS 10,000,000

 

 AVIATION

 

FAC/POOL

 

 

 $250,000
BALANCE FAC TO
AFRICAN RE/POOL

 



OIL & GAS
NON (EXPLORATION)

SURPLUS
EXCESS OF
LOSS

SEE FIRE &
SURPLUS

 

 MAX 50,000,000

 

2,550,000,000.00

 

OIL & GAS
(EXPLORATION)

FAC/POOL

 

$250,000
BALANCE FAC TO
AFRICAN RE/POOL

 

 

(a ) NICON OIL & ENERGY POOL - 1.5%

(b)  IGI OIL & GAS INSURANCE BLOCK - 7%

REINSURERS

%

BROKERS

%

 

AFRICAN-RE

55

GLANVILLS ENTHOVEN

42

 

CONTINENTAL RE

30

FOUNTAIN INS. BROKERS

10

 

AVENI-RE

10

MANNY INS. BROKERS

10

 

WAICA

5

ARK INS. BROKERS

 5

 

 

     

SCIB NIGERIA & CO.

20

 

 

 

FEYBIL           

 4

 

 

 

JOMOLA INS. BROKERS

 4

 

 

    100

INS. BRKS OF NIG.

 5

 

NOTE:

  1. Oil Exploration is subject to agreement with Africa Re and/or Continental Re
  2. 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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