The international property portfolio is heavily biased towards catastrophe excess of loss reinsurance. Less than 5% of the portfolio is risk exposed. The account is exceptionally well spread geographically, with the United Kingdom, Europe, Japan, Australasia and Latin America comprising the major focus.
Much of the portfolio is written in a lead position. Property is the main focus of the portfolio but the account also includes agricultural and engineering portfolios.
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| Property Treaty Product Sheet | ||
This office is focused on property excess of loss treaty reinsurance, of which 80% is catastrophe and 20% risk. A limited number of proportional treaties are also written. The account covers all territories excluding the US and Canada, with 50% of the portfolio emanating from Europe.