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:
- 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
|