Through the underwriting authority agreements with different reinsurers, the African Underwriting Managers offers a wide range of facultative and treaty reinsurance covers in various lines of business. Facultative or treaty support include the following lines of business:
Loss or damage and business interruption to a wide range of property business following fire and allied perils such as explosion, windstorm, earthquake, flood, etc.
Contractor’s all risks (CAR), erection all risks (EAR), third party liability (TPL), machinery breakdown (MB), advance loss of profit (ALOP), etc.
Damage and third party liabilities associated with offshore exploration, offshore construction and onshore operations.
Personal accident, group personal accident, burglary/theft, etc.
Marine cargo, marine hull, goods in transit, etc.
Motor own damage and motor third party liability.
Professional indemnity, public liability, employers liability, product liability, directors & officers liability, etc.
Risk of non-payment by customers due to insolvency, bankruptcy or prolonged default.
Loss or damage to buildings and contents caused by act of terrorism, sabotage, riots, strikes and/or civil commotion, malicious damage, insurrection, revolution or rebellion, mutiny and/or coup d’etat, war and/or civil war.