Facultative Reinsurance
Facultative Reinsurance
When risks fall outside standard programmes, certainty and speed matter.
Facultative reinsurance plays a critical role when exposures are complex, time‑sensitive, or highly specialised. Whether responding to a unique risk, closing a gap in cover, or securing additional capacity at short notice, successful facultative placements require clear insight, disciplined execution, and strong market credibility.
We approach facultative reinsurance as a strategic extension of our clients’ risk and capital strategy; not a transactional add‑on. Our team combines deep industry expertise with strong market relationships to deliver solutions aligned with our clients’ strategic objectives. We act as a trusted, independent partner; providing consistency, clarity, and reliable execution when it matters most.
Key Sector Expertise
We support a broad spectrum of industries and risk classes, including:
- Energy – Oil & gas, petrochemicals, chemicals
- Power – Generation and distribution
- Heavy Industry
- Complex Property Risks
- Parametric Solutions
- Catastrophe Exposures
- Casualty
- Political Violence & Terrorism (PVT)
- Construction
Classes of Business
Casualty and Specialty
We deliver bespoke facultative reinsurance to casualty, financial lines and specialty carriers worldwide.
Our facultative products provide both additional limits and exposure carve-outs for liability placements. Our expertise in this class combined with our established relationships with casualty underwriters ensures we are best placed to efficiently satisfy your requirements.
Type of business:
- Large complex casualty accounts
- Upstream and downstream energy liability placements
- Construction liability solutions
- Pharmaceutical liability and life science placements
- Financial lines and transaction liability solutions
- Contingency, personal accident and life solutions
Political Violence and Terrorism
In an increasingly unstable world, the risk of terrorism is not only evolving, but on the rise.
We advise clients on bespoke insurance and reinsurance solutions, provide knowledge and advice, industry reports and intelligence. Wesupport continuity of operations even in hostile or unstable environments. Our products are available in respect of property damage, business interruption and legal liability protection.
Coverage includes:
- Sabotage and terrorism
- Strikes, riots, civil commotion, and malicious damage
- Terrorism liability – employee and general
- Insurrection, revolution, rebellion, and coup d’état
- Active assailant / deadly weapon protection
- Malicious damage
- War and civil war
- Standalone NBCR (nuclear, biological, chemical, radiological)
- Terrorism event cancellation
- Blast zone reporting
In addition, we develop custom facilities and tailored programs to meet specific client requirements, offering flexible and cost-effective protection across portfolios.
Construction Facultative Capabilities
Complex construction and engineering projects demand specialist facultative solutions throughout the project lifecycle.
We support both single‑project placements and portfolio solutions across a wide range of construction risks, from early‑stage development through construction, testing, commissioning, and handover.
We hold specialist expertise placing complex risks across London, Europe, MENA, Asia-Pacific, and North America.
Facultative Reinsurance Solutions
Single Project Construction/Engineering Risks:
- Tailored coverage for high-value, technically complex builds including Four-wall construction (Combustible and Non-Combustible), Renovations, Heavy Civils, Infrastructure, Energy, Renewables, Mining, Petrochem, Power & Utilities (including Coal)
Project Portfolios:
- Scalable solutions for cedants managing multiple projects under a unified framework, with flexibility across geographies and timelines.
Capacity requirements:
- Quota Share, Primary and Excess of Loss, PML Bust, Mid-Term Placements, Peril / Exposure Specific or Stand-Alone NAT CAT, Difference in Conditions / Difference in Limits, Deductible Buy Backs, Facility Solutions (including Auto Fac) and Parametric Solutions.
Full Lifecycle Coverage: Capacity across all phases; pre-construction, construction, testing & commissioning, and operational handover.
Specialist Lines Supported:
- Construction All Risks (CAR)
- Erection All Risks (EAR)
- Delay in Start-Up (DSU)
- Third-Party Liability
- Environmental Liability
- Terrorism and Political Violence
- CECR Civil Engineering Completed Risks
- Latent defects / Inherent defects
- MBR’s – Master Builders’ Risk/ Annual Contractor placements