Property Re
Property Reinsurance
Our property reinsurance segment is written on both a treaty and a facultative basis and consists of the following principal lines of business: catastrophe excess, risk excess, pro rata and US property facultative.
International Property Facultative
Our business is written on an excess of loss basis offering both property and engineering capabilities with a strong focus on risk selection. The majority of our business is Individual Risk but we can also provide Facultative Automatic solutions.
Property Treaty
Aspen underwrites property reinsurance from three platforms: Bermuda, London and the U.S. Property Reinsurance is written on both a treaty and facultative basis.
London: Domestic European, Canadian and Latin America reinsurances are underwritten from London, where we benefit from the strong broker distribution for the Canadian and Latin American account and an EU domicile for the European portfolio.
Bermuda: The Bermuda team focuses on excess of loss placements, both risk and cat, providing up to US$100m in capacity for some of the world's largest insurance carriers. The portfolio centres on clients based in Europe, the U.S. and Japan.
US: Our Rocky Hill, Connecticut operation provides working layer per risk and proportional reinsurance to domestic carriers.
Aspen also writes a small number of structured reinsurance contracts from the Bermuda platform. These contracts are tailored to the individual client needs and although written by a single team are accounted for within the business to which the contract most closely relates.
The business is written mainly directly to cedents on an excess of loss basis for U.S. primary insurers in the United States focusing on fire MFL (Maximum Foreseeable Losses) capacity placements.
Email the Team:
James Few:
Managing Director, Aspen Re and Head of Property Reinsurance
Send an email
Webcast (Replay)
Q3 2008 Aspen Earnings Conference Call
10/30/08 at 10 am ET
10/30/08 at 2 pm GMT