Horseshoe Re - Underwriting Guidelines

Following are the main underwriting guidelines for Horseshoe Re:

  • No restriction on lines of business to be assumed
  • Reinsurance only
  • Horseshoe Re will not retain underwriting risk for its own account
  • Collateral provided to cedant to be equal to maximum liability of the segregated cell
  • Reinsurance contract to include clause limiting the maximum liability of the segregated account to the assets of that particular segregated account
  • Subject law as it pertains to the segregated account to be Bermuda law
  • Minimum expected Return on Collateral: 10%
  • Investors in segregated account need to be approved as per our internal Know Your Customer process