Reinsurance Program
Gulf Re purchases a reinsurance program to protect its facultative book of business. This non proportional program attaches in excess of a Gulf Re retention with a total placement of US$ 40 million. Gulf Re also takes a vertical co-participation. The placement is made through an international reinsurance broker in the London and Bermuda markets. The reinsurers involved are highly rated and well regarded in the international reinsurance markets.
Gulf Re 2010 Retro Program - Reinsurer's Ratings
