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Our commutation experts have an excellent track record and a wide network of key contacts in the insurance community. We work intensively with each client, getting to know your business, your objectives and your exact requirements.
Benefits to commuting assumed business include:
- Ability to exit from specific lines of business that demonstrate adverse claims development
- Improved balance sheet through releasing of reserves
- Reduced costs related to fewer treaties to administer
Benefits to commuting ceded business include:
- Increase liquidity through accelerated cash flow
- More effective use of capital
- Protection of balance sheet assets through the minimization of reinsurer credit risk
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In the past two years, our expertice has resulted in over 50 commutations involving hundreds of contracts and tens of millions of commuted liabilities, both assumed and ceded.
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