Global Direct and Facultative Unit
Property Risks
Facultative Reinsurance and Primary Insurance
Odyssey is offering coverage as insurance or facultative reinsurance, including captives, for all classes of property:
- Capacity is up to USD 2,500,000
- Exposure is worldwide
- Participation can be facultative reinsurance, including captives, or a low primary layer written as direct insurance
- All classes of property are eligible to be written, including general real estate, mining, chemicals, manufacturing, oil & gas, and more
- All perils can be considered, including all Natural Catastrophe perils worldwide
- Focusing on severity rather than frequency loss experience
- High rate on line business, aiming at average 30% (20% ROL and up)
- Policies are underwritten using either Odyssey Reinsurance Company paper for reinsurance policies, or Hilltop Specialty Insurance Company for non-admitted primary insurance written in the US
- Underwriting team based in New York.
- Quick turnaround on submissions, typically within 48 hours
- Accounting and Claims handling by a professional team fully integrated with the seasoned Latin America Fac operation in Odyssey’s Mexico office
CONTACT AN UNDERWRITER
