Agriculture
Underwriting Appetite
We consider worldwide risks and offer products including Multi-peril Crop insurance (MPCI), Crop Hail, Livestock, Forestry, Aquaculture and Ag-Weather insurance.
We can provide tailored covers for existing or emerging markets in crop yield, weather/commodity products and for aggregators of crop production such as input suppliers, grain elevators, processors, lending institutions, agribusiness insurers and reinsurers.
We serve as quoting and lead market and have significant capacity per program, depending on global portfolio balance, individual risks, and/or relationships with cedants and brokers.
The team takes a proactive role with emerging markets, including with product development, feasibility studies, government initiatives for new subsidized programs, etc.
Data Requirements
For pricing analysis of multi-peril yield-based contracts, we normally require two types of data if available:
- Experience - historical insurance data such as premium, liability, and loss
- Exposure - actual production data such as planted acreage and production.
Further Breakdown of Losses
- By peril - e.g. drought, hail, frost, storm
- Explanations of large loss years in terms of peril.