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Reinsurance Programme for 2003
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FIRE SURPLUS |
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Retention:
N30m |
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No of Lines:
20 |
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Maximum Cession N600m |
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FIRE WXL |
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Treaty Limits:
N15m xs N15m |
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ENGINEERING FAC OBLIG |
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Retention:
N10m |
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No of Lines:
15 |
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Maximum Cession N150m |
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Aviation Q/S
|
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Details:
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87.5% Quota share subject to a Maximum of N40m for Hull and N80m for liabilities |
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Retention: |
12.5% Quota
Share
Subject
to a maximum of N5m for hull and 10m for liabilities. |
|
|
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Personal Accident Limit |
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N7m any one life and
28m any one aircraft |
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|
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Bond Q/S |
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Details: |
50% subject to a maximum of N80m any one
contractor for 100% |
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Retention: 50% any one
contractor |
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MOTOR XL |
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Treaty Limits |
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lst
Layer: N4,500,000 xs
N1,500,000 |
| |
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GENERAL ACCIDENT XL |
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Treaty Limits |
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1st
Layer: N3,000,000 xs
N1,000,000 |
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2nd Layer: N28,000,000 xs N4,000,000 |
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P.A CAT
XL: N6,000,000 xs N3,000,000 |
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|
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MARINE CARGO XL |
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1st Layer:
N4,000,00 xs N2,000,000 |
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2nd Layer:
N12,000,000 xs N6,000,000 |
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3rd Layer:
N78,000,000 xs N24,000,000 |
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|
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MARINE HULL SURPLUS |
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Retention:
N3m |
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No of Lines:
10 |
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Maximum Cession:
N30m |
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