Our Customers
Target business
- Life insurers
- Producer and intermediary captives
- Managing General Underwriters (MGUs), Managing General Agents (MGAs) and brokers
Overview
We are primary casualty specialists
Today, life reinsurance is a major sector in Europe, North America and the Asia Pacific region. Even with challenges such as increased regulation, life reinsurance has been, and continues to evolve because of factors such as an aging population, urbanization, stabilization of the middle class, and changing socio-demographics. Insurance companies looking for life reinsurance want to work with a reinsurance company that is agile enough to keep up with this ever-changing landscape, yet has financial strength, stability and capacity.
AXIS Re can assist insurance companies with:
- Developing new covers
- Diversifying peak risks and claims volatility
- Managing the financial and capital strains inherent in selling life insurance business
Market-leading catastrophic capacity
Flexible yet consistent approach to treaty underwriting
Consultative support from our experienced underwriters and actuaries
Solutions
AXIS U.S. Private Mortgage Insurance offers coverage for quota share and excess of loss structures including capital relief and first dollar loss.
Our reinsurance solution protects insurers from tail risks arising from extreme mortality, for example, those envisaged by Solvency II. The reinsurance premium for this type of protection is usually a small percentage of reinsurance cover provided. But unlike quota share, it leaves the insurer with the upside of any positive claims experience, creating a far more cost effective solution for them. This solution offers capital relief, especially for insurers regulated under Solvency II.
Typical structures for life reinsurance deals include:
- Quota share/surplus
- Aggregate stop loss
- Per person excess of loss
- Catastrophe excess of loss
Cover is provided by AXIS Re SE which is authorized and regulated by the Central Bank of Ireland, or by AXIS Specialty Limited which is authorized and regulated by the Bermuda Monetary Authority and regulated by the Monetary Authority of Singapore for the conduct of Singapore business.
Applications/Documents
Claims
We deliver on our promises
Effective resolution for customers is achieved with our highly skilled claims specialists focusing on:
- Quick decision making
- Championing your needs
- An honest approach
For International Reinsurance Claims, please email: [email protected]
∗Claims examples may be based on actual cases, composites of actual cases or hypothetical claim scenarios and are provided for illustrative purposes only. Facts have been changed to protect the confidentiality of the parties. Whether or to what extent a particular loss is covered depends on the facts and circumstances of the loss, the terms and conditions of the policy as issued and applicable law.
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Find your future at AXIS
We are a global insurer and reinsurer tackling unique challenges. At the heart of it all? Our people. As unique as the risks we face.
