Facultative Reinsurance is the oldest for of reinsurance and is widely used in African markets. Let’s explore the uses of facultative Reinsurance.

Typically used for large risks, facultative reinsurance refers to individual risk placement. It implies that each risk will have its own contract. Below are some of the situations where facultative reinsurance is ideal

1. Capacity Enhancement, where extra capacity is required.
2. For stability in underwriting results used for peculiar risks, whose placement of treaty could destabilize treaty performance.
3. Catastrophic protection
4. When a cedant is entering into or withdrawing from a geographical region or a product line
5. For risks excluded on treaty
6. Where reinsurance technical skills and expertise is required

At P&C Re, our team understands your risks and we understand that in Reinsurance transactions; technical skills, capacity and turnaround time are some of the critical requirements.

P&C Re offers a confluence of capacity, skills, and effective turnaround. In fact, turnaround pervades all our areas of business, be it placements and claims processing.  We understand your business! Contact is today on operations@pcre.co.bw.