Technical underwriting
Risk assessment, pricing and coverage structuring aligned with the underwriting appetite and authority granted by capacity providers.
Orbit Re is being established to provide insurance management and delegated underwriting services for Property & Casualty reinsurance business, working closely with capacity providers, cedents and insurance intermediaries across international markets.
Orbit Re’s objective is to deliver a high standard of service, innovative product development and a balanced approach to the interests of both reinsureds and reinsurers throughout changing market cycles.
Risk assessment, pricing and coverage structuring aligned with the underwriting appetite and authority granted by capacity providers.
A focus on sustainable relationships and finding an appropriate equilibrium between cedent requirements and reinsurer objectives.
Efficient administration, claims support and a commitment to applicable laws, regulatory requirements and international best practice.
Orbit Re intends to underwrite business on behalf of approved capacity providers under binding authority agreements, with the ability to support the full insurance management lifecycle where authorised and agreed.
Partner with reinsurers / capacity providers under agreed binding authority frameworks and underwriting parameters.
Evaluate individual risks and portfolios, determine suitable terms and pricing, and ensure alignment with capacity provider appetite.
Structure solutions for individual complex risks as well as portfolios under proportional and non-proportional treaty arrangements.
Provide policy / contract administration and, where agreed, claims handling and coordination in accordance with delegated authority and contractual terms.
Orbit Re’s underwriting strategy is intended to concentrate on non-life, non-medical Property & Casualty business.
Individual underwriting of specific risks, supporting bespoke coverage, flexible risk acceptance and tailored terms for unique or high-value exposures.
Portfolio-based reinsurance under pre-agreed contracts, including proportional and non-proportional structures designed for broader risk transfer needs.
Where agreed with capacity providers, administration and coordination of claims notification, documentation, validation, assessment and settlement workflows.
Orbit Re intends to focus on markets where specialist products and technical expertise are valued, working through established insurance-sector counterparties.
Primary insurers seeking reinsurance support to manage and diversify risk exposure.
Capacity providers seeking disciplined access to selected international business opportunities.
Reinsurance brokers and other professional insurance intermediaries seeking suitable capacity for their clients.
We are currently completing our regulatory and operational setup in Dubai International Financial Centre. Further information on our services, team and market launch will be published once the required approvals and operational arrangements are completed.