BUSIN Insurance company is proud to announce the successful renewal of Reinsurance Program for 2024-2025
BUSIN renewed the largest in the history of the Ukrainian insurance market Aviation Liability Treaty with the limit of coverage equal to 550 million US Dollars and Aircraft Hull All Risks Reinsurance Treaty for 6 million US Dollars. War and allied risks could be covered under the Reinsurance Program.
World leaders of the International reinsurance Market and Lloyd’s syndicates with the best financial stability ratings of А-/А /А+ are involved in our reinsurance program placed through the authorized Lloyd’s broker – Gallagher.
The obligatory program covers retrocession risks. This guarantees effective consideration of our reinsurance partners’ proposals and reliable reinsurance coverage.
Renewal of these unique Treaties in the current difficult geopolitical situation is the evidence of the financial stability of BUSIN Insurance company, unprecedented partnership trust of the international insurance market and the highest professional level of the company’s team of professionals. In addition, it’s also a significant factor in keeping of the aviation industry of Ukraine, confidence in the future development of civil aviation after the end of the war.