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Reinsurance

              
     

BUSIN JSIC is grateful to its reinsurance partners and invites insurance companies to join for effective and mutually beneficial cooperation.

The company has reliable long-term partnership relations with leading foreign re-insurers and brokers - leaders of the international reinsurance market (including Lloyd's authorized brokers - Willis, Marsh, AON), and has mutually beneficial cooperation with the best national and Russian insurance companies under facultative and obligatory re-insurance agreements.

BUSIN JSIC concluded Aircraft Third Party, Passenger, Passenger Baggage and Cargo Legal Liability Treaty with the limits of cover equal to 650 million US Dollars, which is the largest in the history of the Ukrainian insurance market. There is also a valid obligatory Aircraft Hull All Risks Reinsurance Treaty for 3 million US Dollars.

World leaders of the international reinsurance market, including dozens of Lloyd's syndicates, are involved in our Treaties. The obligatory program covers retrocession risks. This guarantees effective consideration of our reinsurance partners' proposals.

BUSIN JSIC invites insurance companies to cooperate with the following kinds of insurance:

Kind of insurance BUSIN JSIC deductions
Aviation liability up to US $ 650 million *
Aircraft hull coverage up to US $ 3 million *
Aircraft crew members up to US $ 150 000 *
Property and building and assembly risks up to US $ 150 000
Freight up to US $ 100 000
Motor transport hull coverage up to US $ 15 000
Motor transport owners' civil liability up to US $ 20 000
General civil liability up to US $ 200 000
Accidents up to US $ 30 000
* indicated limits of deduction may be increased by optional placing of risks in the international market

BUSIN JSIC guarantees its reinsurance partners:
  • qualified underwriting
  • effective consideration of proposals
  • professional consultation assistance when considering risks accepted for reinsurance and by settlement of claims
  • guaranteed protection supported by the financial activities of the company and joint programs with the most powerful companies of the international reinsurance market




If you have any questions, you are welcome to contact our reinsurance managers:
tel./fax: (+38) (044) 245-62-17, 249-65-04, 270-06-18