Page 1


Our underwriting is based upon global best practice standards with a high emphasis on risk quality We offer tailor made solutions for all types of placements

Regulated by the DFSA


Overview WHO we are and WHAT we do Gulf Re was established in May 2008 in the Dubai International Financial Centre as a joint venture between Arch Capital Group (Bermuda) and Gulf Investment Corporation (equally owned by the six member states of the Gulf Cooperation Council). Gulf Re’s paid up capital amounts to US$200 million and our authorised capital is US$400 million. We have an AM Best financial strength rating of A- (Excellent). At Gulf Re we focus on high value risks emanating from the GCC, the Middle East, Africa, and Central Asia. We are committed to being a long-term partner and industry leader in the region by providing facultative and treaty reinsurance. We believe in specialising in lines of business where the needs of our customers are aligned with our core technical competencies.


Facultative Reinsurance Lines of Business Energy 87% Engineering 9% Property 2%

Facultative Reinsurance Focus on large scale industrial projects and assets offering capacity up to: • Engineering: US$55 million • Onshore Energy: US$50 million • Property: US$50 million • Offshore Energy: US$10 million • Marine Hull & Cargo: US$10 million • Project Cargo including DSU: US$10 million • Sabotage & Terrorism: US$10 million • Casualty: US$25 million Proportional & Non Proportional structures Ability to provide S&P A+ rated security to fulfill Lender’s requirements, through Arch Reinsurance Limited (Bermuda) or Arch Insurance Europe (UK)

Geographical Scope GCC, the Middle East, Africa & Central Asia Serving local insurers and brokers as well as London and other international markets

Marine 1% Casualty 1%

Geographical Scope Saudi Arabia 36%

Kuwait 5%

U.A.E. 23%

Jordan 2%

Oman 14%

Egypt 1%

Qatar 10%

Morocco 1%

Bahrain 7%

Iraq 1%


Treaty Reinsurance Lines of Business Property 40%

Treaty Reinsurance

Engineering 22%

We have the expertise to underwrite, quote and lead all of the following non-life classes with a capacity of up to US$10 million per program:

Motor 16%

• • • • • • • •

Engineering Property Onshore Energy Offshore Energy Marine Hull Marine Cargo Motor & Liability Miscellaneous

Geographical Scope GCC states: Bahrain, Oman, Kuwait, Qatar, Saudi Arabia and U.A.E.

Marine 13% Miscellaneous 5% Energy 4%

Geographical Scope U.A.E. 53% Saudi Arabia 29% Qatar 9% Kuwait 5% Oman 4%


We strongly believe in the importance of a self-sustaining, independent regional market. This is why we have gathered experienced professionals from leading global insurance and reinsurance companies Serving our clients’ needs Locally

Onshore Energy Products Physical damage and business interruption for operational risks covering: • All risks/named perils • Business interruption following insured physical damage • Machinery breakdown • Business interruption following machinery breakdown Capacity • Up to US$50 million on MFL basis Structures • Strong following market for Quota Share placements • Quoting/lead market for non-proportional placements

Kumar Rajan – Senior Underwriter, Practice Leader – Marine & Energy m: +971 506529189 | t: +971 43825708 | kumar.rajan@gulfre.com


Engineering

Property

Products Physical damage and business interruption for projects: • CAR/EAR • ALOP/DSU • Machinery breakdown • Machinery breakdown LOP • Civil Engineering Completed Risks

Products Physical Damage and Business Interruption for Operational Risks covering: • All Risks / named perils • Business Interruption following insured physical damage • Machinery Breakdown • Business Interruption following Machinery Breakdown

Capacity • Up to US$55 million on MFL basis for Erection risks • Up to US$55 million on MFL basis for Construction risks Structures • Quoting/Lead market for Quota Share and non-proportional placements

Capacity • Up to US$50 million on MFL basis Structures • Quoting/Lead market for Quota Share and non-proportional placements

Thana Narayanan – Senior Underwriter, Practice Leader – Property & Engineering m: +971 507080925 | t: +971 43825705 | thana.narayanan@gulfre.com


At Gulf Re we strongly believe in the value and the development of our local markets. That’s why we focus all our experience and expertise to support our clients in growing their business Profitably

Offshore Energy

Marine Hull and Cargo

Products • Offshore energy – Operational and Construction • Operators extra expenses • Third party liabilities as part of offshore energy package

Products • Marine Hull (H&M, IV, LOH, P&I) • Marine builders risk • Cargo • Project cargo including DSU

Capacity • Up to US$10 million Structures • Strong following market for Quota Share placements • Quoting/lead market for non-proportional placements • Offer facultative retro for all the aforementioned structures

Capacity • Up to US$10 million Structures • Quoting/lead market for Quota Share and non-proportional placements

Kumar Rajan – Senior Underwriter, Practice Leader – Marine & Energy m: +971 506529189 | t: +971 43825708 | kumar.rajan@gulfre.com


Casualty

Sabotage & Terrorism

Products • Energy Liability • Public Liability • Products Liability • Employers Liability • Terrorism Liability • Third Party Product Recall Liability • Umbrella Liability • Short Periods, Events • “Wraps”

Products • Physical Damage and Business Interruption for Operational Risks • Physical Damage and DSU for Engineering/Constructions projects

Capacity • Up to US$25 million

Capacity • Up to US$10 million Structures • Quoting/lead market for Quota Share and non-proportional placements

Structures • Quoting/lead market for Quota Share and non-proportional placements

Jehan Dias – Head of Facultative m: +971 506587917 | t: +971 43825714 | jehan.dias@gulfre.com


Contact Us

The Team

Christian Vogel Chief Executive Officer

Jehan Dias Head of Facultative

Abdelfattah Chami Head of Treaty

Christian Vogel Chief Executive Officer christian.vogel@gulfre.com m: +971 501009340 t: +971 43825704

Jehan Dias Head of Facultative jehan.dias@gulfre.com m: +971 506587917 t: +971 43825714

Abdelfattah Chami Head of Treaty abdelfattah.chami@gulfre.com m: +971 506450362 t: +971 43825706

Kumar Rajan Senior Underwriter: Practice Leader Marine & Energy kumar.rajan@gulfre.com m: +971 506529189 t: +971 3825708

Thana Narayanan Senior Underwriter: Practice Leader Property & Engineering thana.narayanan@gulfre.com m: +971 507080925 t: +971 43825705

Houcine Zouaoui Senior Underwriter: Treaty houcine.zouaoui@gulfre.com m: +971 506529178 t +971 43825707

Trevor Davis Claims & Technical Services trevor.davis@gulfre.com m: +971 507085610 t: +971 43825719

Shankar Majrekar Chief Financial Officer shankar.majrekar@gulfre.com m: +971 507085614 t: +971 43825703

Joyce Boustany Compliance & Risk Management joyce.boustany@gulfre.com m: +971 506450365 t: +971 43825711

Sheikh Zayed Road

Abu Dhabi

Kumar Rajan Senior Underwriter - Practice Leader Marine & Energy

Thana Narayanan Senior Underwriter - Practice Leader Property & Engineering

Houcine Zouaoui Senior Underwriter Treaty

Metro Station

Dubai Airport

DIFC Gate Emirates Towers Currency House Gate Village

Motaz Bukhari Assistant Underwriter Facultative

Jeril Jacob Assistant Underwriter Facultative

Vijith Jayakumar Assistant Underwriter Treaty

Convention Centre From Trade Centre

Gulf Reinsurance Limited Level 6, Currency House Tower 2, DIFC P.O. Box 506766 Dubai, UAE t: +971 4 382 5700 www.gulfre.com


www.gulfre.com

Gulfre Marketing Brochure  
Read more
Read more
Similar to
Popular now
Just for you