International Excess

ACE International Excess offers comprehensive all-risk excess property insurance to a client base targeting large companies and covering exposures that are generally low in frequency and high in severity.

Coverage highlights

• All-risk coverage on a follow form basis (Property Damage and Business Interruption);
• Natural catastrophe covers;
• Power Generation, On-shore Energy and Mining covers; and
• Engineering Insurances (Erection All Risk/Construction All Risk/Boiler & Machinery).

Other Benefits

• Large capacity to ensure program stability
• Coverage terms available for up to 3 years
• Consider all industry classes except steel and off-shore energy
• Worldwide risks accepted (subject to licensing requirements and sanctions restrictions)
• Additional capacity to ACE’s existing property operation in Singapore

Limits

• Maximum USD 200 million limit per risk or local currency equivalent.
• Critical catastrophe capacity may be more limited.

Attachments

• Excess of loss only, normal minimum US$50 million or local currency equivalent
• Industry class, natural catastrophe exposure, size of risk and Maximum Foreseeable Loss (MFL) / Probable Maximum Loss (PML) all determine the attachment point

Underwriting Models

• Actuarial proven risk models
• Specialised catastrophe model - RMS / AIR
• Dedicated catastrophe modelling team