Millbank Insurance Brokers Ltd has highly experienced team with expertised and in-depth knowledge of Reinsurance and our team is recognized for its Reinsurance knowledge both by the domestic and international Market.

DESIGN AND RENEWAL OF REINSURANCE TREATIES

We design and advise on appropriate reinsurance program that suits the nature of the company’s risk portfolio with the underlying aim of achieving balanced and profitable Risk Portfolio.

PACKAGING OF SPECIALISED REINSURANCE PROGRAMS

Such as Auto Fac Inward Treaties, Oil & Gas Line Slips, Kidnap & Ransom and Terrorism risks. We have a network of International Business Associates that can deliver within impressive response time.

OUTWARD FACULTATIVE PLACEMENTS SERVICES IN SPECIALIZED BUSINESS LINES

Such as Oil & Gas, Marine/Aviation and Engineering with top rated securities.

EVALUATION OF EXISTING REINSURANCE TREATIES

We carry out critical analysis of existing reinsurance treaties of Companies to test for adequacy and appropriateness of cover.

OPTIMAL RISK CESSION TECHNIQUE

To ensure maximum premum retention and at the same time eliminate the risk of over exposure of Company’s portfolio to adverse losses, we give our client the recipe for best risk cession technique to achieve this objective.

RECONCILIATION OF CESSION ACCOUNTS OF CEDANTS AND REINSURERS

We reconcile naughty and contentious accounts to arrive at acceptable balances to both parties.

COMMUTATION OF ACCOUNTS FOR SEVERING PARTNERSHIP

WE prepare commutation accounts on long tailed lines of business such as Marine and Engineering for our clients whose Reinsurers are exiting their Reinsurance program.

TRAINING

We offer comprehensive and tailor made training on areas of Reinsurance; including Reinsurance Practice, Reinsurance Accounting, Design and Cession Management.

ADD-ON-SERVICES

We will also provide our clients information relating to new Reinsurance Markets, similarly, relevant update about our market will be provided to the Reinsurers.