Determination of EML and optimal Excess Point
The determination of exact reinsurance premiums is only possible with precise knowledge of the respective sector and its specific risks. This know-how is the key to an optimal insurance premium – also in the area of reinsurances.
Natural disasters, maritime accidents and collisions, FLEXA-Risks and technological risks: Because we have extensive practical experience especially with high concentrations of insured property and the substantial accumulative damage scenarios of the offshore-wind-insurances, we can precisely map the resulting EML-defining property loss in various scenarios.
We link these results with the LOP or Delay-in-Start-Up (DSU) maximum amount of cover arising from the specific scenarios. Our experience helps us in assessing repair-periods, with special attention of weather conditions and availability of equipment. Knowledge of various turbine technologies as well as foundation- and cable-concepts is also just as important.
Our experts have all this to a large degree. Utilize our know-how for stable and fair solutions, which puts your projects on strong legs.