The Direct & Facultative (D&F) portfolio comprises a mixture of full value, primary and excess of loss business, for small commercial properties through to fortune 1000 accounts, across the complete spectrum of industry trades.
Geographically this is a world-wide account, but approximately half of the portfolio is for US exposures, especially in the catastrophe zones of California (Eq) and Florida (Windstorm).
Maximum capacity is current $25m for best risks, but limited to a maximum of $7.5m for catastrophe exposed accounts, and all underwritten on Lloyd’s paper (QUL).