Risk Profile

  • Type: All risks of property damage and business interruption, including but not limited to fire and allied perils; earthquakes, windstorms and any other natural catastrophe perils; machinery breakdown, boiler explosion and any other miscellaneous risks.
  • Period: 12 months plus odd time not exceeding 18 months in all.
  • Territorial Scope: Risks situated worldwide ex USA and Canada unless deemed incidental.
  • Capacity: The maximum capacity of the Patria Energy and LCF consortium is USD 7m any one risk for risks situated in Latin America but USD 6m for risks situated mainly outside LatAm.
  • Occupancies: Energy Risks & Large Complex Fac.

Energy Profile

Energy Risks Include but not Limited to:

  • Oil & Gas: Original insured occupancy related to one or more of the stages involved in production, storage, refining, distribution and exploration.
  • Power: Original insured occupancy related to one or more of the stages involved in transmission, distribution, generation of conventional and renewable energy.
  • Resource extraction & production: Original insured occupancy related with mining or any steel risks.renewable energy.

Large Complex Facultative

Large Complex Facultative

All risks of property damage and business interruption, including but not limited to  re and allied perils; earthquakes, windstorms and any other natural catastrophe perils; machinery breakdown, boiler explosion and any other miscellaneous risks; related to any type of occupancy other than the indicated-on Energy Risks Section that meet at least two of the following characteristics:

  • Risks with total insure values over USD 1,000,000,000 or its equivalent in other currencies.
  • Risks having assets distributed in more than one country or region.
  • Reinsurances of captives.

Appetite & Key Considerations

Our preference is to consider non proportional placements of all types with a leading towards the working layers of a placement:

  • Primaries
  • Buffer layers
  • Second and subsequent event structures
  • Captive protections

Access to Patria Consortium is either directly linked to Patria to the following individuals with a CC to XS-Latam individuals listed below or directly to XS-Global with a CC to Patria individuals as listed below.

XS-Global’s role is to source,  lter and pre-underwrite as deemed necessary by Patria, any business considered to fall within the above-mentioned scope of the Patria Energy and Large Complex Fac Consortium.

Stamp for this initiative reads as “ XS-Global on behalf of Patria”.

Contact – XS Energy & Large Complex Facultative Property