Reinsurance

OJSC Profile Re ‘s business is classic reinsurance. Company organize reinsurance on facultative and obligatory basis and of all types: proportional (quota share, excess of sum) anв non-proportional (excess of loss, stop loss).

Profile Re offers individual estimation of reinsurance tariffs and gives consultation to its partners at the initial stage of making insurance contract. During risk examination Profile Re takes into account all features and conditions of original policy and insured objects.

For settling the tariff for obligatory treaties we use method of  “Average solitary risks”. This method was worked out inside the company and it gives opportunity to make correct estimation of portfolio in circumstances of minimal statistic information.  Using this method we appreciably decrease time cost for measuring the risk. That’s why Profile Re can guarantee consideration of a proposal during one day and giving answer with well-grounded tariff.

For more than six years experts and managerial staff of Profile Re have been working systematically at improving the quality of our services. And one of the main achievements is remarkable improvement of such important components of our work as efficiency and reliability.

 Underwriting Philosophy