International Casualty Treaty
ArielRe accepts casualty business on a proportional or non-proportional basis via Lloyd’s brokers.
Appetite & Availability
Ariel Re has the capability to write and provide support for an international portfolio, including a limited element of U.S.-domiciled clients. The company’s principal development areas are the U.K., continental Europe, Scandinavia, Asia Pacific, Canada, and the Middle East and North Africa regions.
Ariel Re’s third-party offerings include public, product and employer liability.
Ariel Re’s maximum line is £5 million, and it accepts business from the U.K. and abroad, on an international, national or regional basis, derived from both its commercial and personal lines. The company accepts business with exports to the U.S., and a limited amount of U.S.-domiciled exposure. It manages its U.S. exposure with standard reinsurance wordings.
Ariel Re’s professional liability offerings include professional indemnity, directors and officers, medical malpractice, financial institutions, and warranty and indemnity.
Ariel Re’s maximum line is £5 million, and it accepts business from the U.K. and abroad, on an international, national or regional basis. The company manages its U.S. exposure with the use of standard reinsurance wordings and only considers protecting business exposed to ADR level II and III in exceptional circumstances.
The company covers third-party bodily injury and third-party property damage written outside the U.S. The maximum line is 10 percent on unlimited layers, though with a normal maximum below this in the U.K. The maximum line for limited layers is £5 million. Currently, Ariel Re will consider business with or without provision for capitalization of periodical payments.
Ariel Re will underwrite classes such as environmental impairment liability, stand-alone warranty and indemnity, and cyber liability on a case-by-case basis.
Ariel Re writes business predominantly through Lloyd’s brokers, or those with whom the company has a “terms of business” agreement.
Stuart Dale, as class underwriter, heads Ariel Re’s international casualty treaty portfolio. Stuart joined the company in late 2011 after holding senior underwriting roles at QBE and Sagicor.