Traditional reinsurance does not address every capital, volatility or market-access requirement.
SIDRE works with insurers, reinsurers, MGAs, brokers, corporates and selected institutional partners to consider bespoke structures combining risk transfer, retention, capital, fronting and portfolio management.
Each arrangement is developed around a clearly identified commercial objective and remains subject to legal, regulatory, accounting, actuarial, compliance and capacity review.
Structured Reinsurance
Potential solutions may include:
- Multi-year reinsurance
- Multi-line reinsurance
- Aggregate protection
- Loss portfolio transfer
- Adverse development cover
- Prospective structured reinsurance
- Retrospective or run-off solutions
- Experience accounts
- Profit commissions
- Sliding-scale commissions
- Loss corridors
- Loss-ratio caps
- Funding premiums
- Finite-risk components, where legally and accounting compliant
- Blended proportional and non-proportional protection
Capital and Balance-Sheet Solutions
Structures may be considered to support:
- Capital efficiency
- Solvency management
- Earnings stabilisation
- Cash-flow protection
- Reserve protection
- Portfolio restructuring
- Growth financing
- Acquisition support
- Exit from discontinued business
- Reduction of legacy volatility
- Optimisation of net retention
Fronting Arrangements
Carefully governed arrangements may support:
- Local policy issuance
- Cross-border programme execution
- Access to licensed markets
- Multinational programmes
- Specialty products
- MGA and programme business
- Corporate risk-financing structures
Fronting arrangements require clearly defined responsibilities for underwriting, claims, premium collection, credit risk, collateral, reporting and regulatory compliance.
Captive and Cell Solutions
Potential structures may support:
- Controlled risk retention
- Participation in underwriting results
- Improved capital efficiency
- Centralised multinational risk financing
- Access to reinsurance markets
- Portfolio diversification
- Employee-benefit programmes
- Corporate deductible funding
- Long-term risk-management strategies
Programme and MGA Solutions
SIDRE may consider selected underwriting programmes supported by:
- Defined underwriting authority
- Approved classes and territories
- Risk-selection guidelines
- Pricing parameters
- Agreed policy wordings
- Claims authority
- Bordereaux reporting
- Accumulation monitoring
- Audit rights
- Compliance controls
- Performance thresholds
- Appropriate fronting and capacity arrangements
Portfolio and Risk-Sharing Arrangements
Structures may align participation among:
- The originating insurer
- A fronting carrier
- An MGA or underwriting platform
- SIDRE
- Retrocessionaires
- Alternative-capital providers
- Captive or cell participants
Alternative Risk Transfer
Subject to available expertise and market support, SIDRE may consider:
- Parametric solutions
- Index-based protection
- Insurance-linked securities participation
- Collateralised reinsurance
- Alternative-capital participation
- Aggregate and multi-trigger structures
- Public-private risk-sharing programmes
- Catastrophe and climate-resilience solutions
Retrocession
SIDRE may structure or purchase retrocession to:
- Protect its net account
- Manage catastrophe accumulation
- Control volatility
- Support underwriting capacity
- Reduce concentration
- Improve portfolio diversification
- Facilitate participation in larger risks or programmes
Structured solutions are intended to achieve genuine risk transfer and a clear commercial purpose. They are not presented as substitutes for appropriate capital, sound underwriting or regulatory compliance.