The Property Retro account includes catastrophe retrocession, risk retrocession and index-based covers including parametric and industry insured loss (ILW) triggers. The focus is generally on territorially discrete portfolios, but with the ability to broaden as required.
Normal maximum capacity is generally $25 million, but it can deploy up to $100 million for some of its core clients.
Attachment points vary by cedant, territorial scope and data quality.
Ariel Re, Argo’s reinsurance business unit, is a recognized market leader in these lines with clients and brokers consistently turning to the team for its ability to structure, quote and lead innovative products.