China Re Syndicate 2088 writes a mix of specialty short tail reinsurance, with a focus on North American and international property treaty and marine specialty.
It also writes international casualty insurance, which includes Professional Indemnity, Medical Malpractice, Directors’ and Officers’ Liability, General Liability and Personal Accident. The Syndicate also writes a Renewable Energy account.
The Syndicate continues to build out China related opportunities, with a portfolio of Chinese Quota Share business, a Personal Accident product for China based pilots and a Renewable Energy Consortium for Chinese Offshore risks.
Syndicate 2088 will merge into Syndicate 1084 for the 2020 Year of Account, subject to the relevant approvals. All inforce Syndicate 2088 policies will form part of the renewal portfolio for 2020, and all multi-year contracts written by Syndicate 2088 that are subject to annual resigning will re-sign into Syndicate 1084 at the next available anniversary date after 31 December 2019.
We believe that combining both businesses will provide an even stronger proposition for policyholders, brokers and coverholders; one that offers market leading underwriting expertise, broad product offerings and meaningful capacity supported by our award winning operational capabilities.