Traditional Property

  • Product Lines: Wholesale Property and Energy Business
  • Territory: LATAM and Caribbean (Including Brazil)
  • Capacity: CSL (PD+BI) US$8,000,000 per risk
  • Fronting Partner: BMI

XS Global Property

Is focused on superior risk selection through the integration of underwriting expertise, expansive analytics and the

bespoke, innovative Rater Tool System, platform which uses data to measure and monitor risk. In general, we seek to write the following business:

  • In well-known territories in which XS GLOBAL Property LatAm has proven product and technical expertise.
  • There is a deep understanding of available models combined with a proprietary view on the risks developed by both underwriters and the Miami management team.
  • Our focus is on LatAm countries with high information transparency.
  • We have preferred and trusted relationships with local brokers and insurance clients

XS GLOBAL Property underwriting approach is characterized by disciplined pricing, focusing exclusively on business that offers superior adjusted returns. We “cherry pick” the most profitable risks in the markets we operate in, supported by its strong distribution relationships and extensive underwriting knowledge.

Appetite & Key Considerations

  • Restricted: Cotton, Grains, Tobacco, Agriculture, Wood, Plastic, Foam etc.
  • Energy: Oil and Gas Field Services, Industrial Organic Chemicals, Power Gen, etc.
  • High Hazard Manufacturing: Steel works, Blast furnaces, Cement, Hydraulic, Mining, Tires and Inner Tubes, etc.
  • Low Hazard Manufacturing: Glass Containers, Mineral Wool, Aluminum Foundries, Metal Mechanic, Operatios, Food Products, etc
  • High Hazard Commercial: Camps and Recreational Vehicle Parks, Museums and Art Galleries, etc.
  • Low Hazard Commercial: Grocery Stores, Water Transportation Services, Water Supply, Telecomunications, Airports, Storage Building, Warehouse, Shopping Malls, Gas Station, etc.
  • Other / Light: Commercial Banks, Offices in general, Automobile Parking, Schools, Day care centers, University, Hotel and tourism insfrastructure.

Preference is to consider structures Proportional and Non Proportional placements of all types with a leading towards the working layers of a placement.

The Stamp for this initiative reads as “ Global BRG Best Meridian Reinsurance Division or Eureka Re (AM Best BBB+ Rating)” .

XS Property Contact