Lines of Business
The programs we offer are designed to meet the needs of clients in all aspects of risk assumption, pricing, product development, and risk management.
Lines of Business
Regardless of the size or specificity of your needs, Dunav Re is at your disposal with high-quality reinsurance services.
By managing the risks referring to the property assets, our reinsurance provides support in cases when the claims occur due to various unpredicted circumstances, such as fire, flood, theft, and other unexpected events. With this support insurers are given security with the appropriate risk distribution and protection from large claims.
In the case of unforeseen large-scale natural disasters, such as earthquakes, floods, storms or volcanic eruptions, insurance companies can suffer significant financial losses. By contracting reinsurance, insurers protect themselves in the event of financial losses caused by such events, and this contributes to the prevention of capital erosion in the case of large claims.
Considering the traffic accidents are unfortunately every day events, motor hull insurance covers the damages occurred on the vehicles, regardless of whether the accident is caused by the driver himself or by other factors. This line of business usually participates with significant share in the total portfolios of insurers. Motor hull reinsurance helps insurers to allocate the large claims expenses for the damages on the vehicles and which are caused either by catastrophes or some other insured perils both on individual vehicles or some part of the portfolio influenced by this event.
Natural catastrophes, pests and illnesses as well as other unexpected events can significantly impact yields of the farmers and productivity. Crops reinsurance additionally strengthens the ability of the insurer to provide security and stability in these challenging situations and to maintain profitability of this line of business.
Stability in payment of claims referring to the liability insurance is important for insurers. Our reinsurance covers various types of liability claims protecting insurers from unpredicted events in the relationship between the insured persons and third parties. In this way we enable their continuity in operation and preserving financial balances.
Traffic risks in addition to safety ones open the possibility of significant financial consequences which can be suffered by the owners of the vehicles. Motor third party liability assists in sharing this risk with the insurers thus strengthening their financial stability with the possibility of offering favourable conditions for the clients and larger flexibility in managing the policies. This type of reinsurance cover is also significant for the potential claims abroad so that insurers can have adequate protections for the risks they are exposed to due to regulatory requirements.
Transport activity brings series of potential risks which can jeopardize the safety and value of the goods during transport. Reinsurance covers the cargo risks for road, marine and air shipments. This also includes the protection of insurer in case of loss of goods during transport due to accident, theft or damages caused by weather conditions.
Our services in the domain of aircraft reinsurance include insurance of all risks connected to the air traffic and planes. This includes damages on the aircraft, losses due to accidents and liability towards third parties. This type of reinsurance covers commercial and private flights with the financial protection for the damages on the aircrafts, passenger injuries and losses caused by the third parties.
Life reinsurance offers support to the insurers in managing the risks referring to the life insurance policies. We are assisting in optimization of the life insurance portfolio, decreasing financial pressures and offering larger flexibility in operation enabling insurers to be focused on their own activities and growth.
Imagine that an insurer creates protections for all types of accidents that their clients can be faced with – regardless if these are accidents at work, during everyday activities or in traffic. When they are faced with the large claim, reinsurance comes as additional anchoring, assuming part of the risk and assisting primary insurers to maintain stability and continue offering high quality protection to its clients.
In the world in which numerous industries are confronted with unexpected situations, our reinsurance programs offer key protections. We understand that insurance market participants a are exposed to various risks and therefore we are offering tailored reinsurance programs assisting them in effective risk management and maintaining the stability and profitability level.
