Facultative Reinsurance Services


C&G’s competent, committed and experienced departments have a long track record in meeting the specific facultative needs of our clients.

The following are some of the key areas in which we specialise.In addition to these, the risks that we arrange facultative reinsurance for also include food, pharmaceuticals, power plants, chemicals, light and heavy industries.

Property and Energy Risks

Commercial and General Facultative Property and Energy Risks

We are very active in this class of business and have developed a significant portfolio ranging from simple risks such as real estate to commercial, storage, and Industrial risks.

Coverage can be based on Fire and Named Perils or All Risks. Reinsurance can be arranged on either a proportional or an excess of loss basis.

Please note that an exclusive reinsurance facility is available to C&G for this class


Engineering Risks

Commercial and General Facultative Reinsurance Engineering Risks

Throughout their careers as professional reinsurers, the relevant departments within C&G have developed a sound technical ability to underwrite engineering risks in cooperation with leading global engineering reinsurance markets.

The C&G team is there to make its long and extensive experience in this class of business available to our clients and is able to offer valuable advice and know how in the following covers:

  • Construction and Erection All Risks
  • Contractors’ Plant and Equipment
  • Machinery Breakdown
  • Electronic Equipment  
  • Boilers
  • Delay in Start Up (DSU)
  • Deterioration of Stock (DOS)

Please note that an exclusive reinsurance facility is available to C&G for this class

Marine Cargo and Specie

Commercial and General Facultative Reinsurance Marine Cargo and Specie

C&G has a strong and long experience in Marine Cargo Covers. With the support of well-respected underwriters, we have produced a significant portfolio of Marine Cargo Covers for single shipments as well as Open Covers for relatively small to large values. These can also be combined with the Marine Cover, War, and Land when required.

Examples of Cargo covers are:

  • Containerised Goods
  • Machinery
  • Oil
  • Steel
  • Cargo in bulk and in bags
  • Valuables and Precious Metals
  • Cash and Goods In Transit
  • Stock Throughput / Storage
  • Livestock

Please note that an exclusive reinsurance facility is available to C&G for this class


Marine Liability

Commercial and General Reinsurance Facultative Marine Liability

Following an increasing demand for this cover in the MENA region, C&G has established relationships with specialist markets in order to provide timely quotations and support for the following risks:

  • Marina and Terminal Operators
  • Stevedores Liability
  • Freight Forwarders Liability
  • Protection and Indemnity (P&I)


Professional Risks

Commercial; and General Professional Services ImageIn the last 15 years, awareness for professional risks has greatly increased in the MENA region in general and in the GCC countries in particular. The additional business generated in this class has contributed to a large extent to fill the gap resulting from the decline in premium relating to some other classes such as construction in recent years.

Since the formation of the company, the C&G Liability department has focused on acquiring expertise in this class of business and today it is acknowledged as an active player in this field.

Risks covered include:

  • Professional Indemnity for most occupations
  • Professional Indemnity for contractors: annual covers or specific projects up to 10 years extended reporting period
  • Medical Malpractice
  • Comprehensive General Liability
  • Employers’ Liability
  • Product Liability
  • Product Recall
  • Project Liability Cover

Please note that exclusive reinsurance facilities are available to C&G for Professional Indemnity, Comprehensive General Liability, and Product Liability.


Financial Lines

Commercial and General Facultative Reinsurance Financial Lines

C&G has access to a diverse range of leading markets to provide cover on both a proportional and non-proportional basis for the following risks:

  • Bankers All Risks and Computer Crime
  • Directors’ and Officers’ Liability
  • Fidelity Guarantee
  • Cash In Safe and Vault Risk
  • Cash In Transit for armored vehicles operators
  • Financial Institution Professional Indemnity
  • Cyber Insurance


Political Violence

Commercial and General Facultative Reinsurance Political Lines

Political instability worldwide, particularly in the MENA region has prompted businessmen to protect their investments, small or large, against the risks of war, sabotage, terrorism in addition to the risk of SRCC.

As a result of high demand for this cover, especially at times of increased threat of instability, the amount of reinsurance providers has widened and C&G has strengthened its expertise, knowledge and market contacts to respond to its clients’ needs for this cover.

We have successfully arranged War Covers for power plants, cement factories, retail chains, embassies, hotels, commercial towers and industrial concerns as well as many others, even at a time when severe war operations were prevailing in the country concerned.


Personal Covers

Commercial and General Facultative Reinsurance Personal Lines

Today, the majority of the risks specified in this class of business are absorbed by the automatic reinsurance treaties of insurance companies.

There are nevertheless occasions on which insurers need resort to Facultative Reinsurance and in these cases the C&G team is able to provide professional advice and adequate cover to meet our clients’ needs.

Our areas of expertise include the following:

  • Group Life and Accident for normal and hazardous occupations
  • Individual Life and Personal Accident for large sums insured
  • Disability Benefits associated with Life and Personal Accident
  • Group Credit Life
  • Medical Expenses Cover following accident or Illness
  • Group Travel schemes including repatriation
  • Passive War Risks
  • Kidnap And Ransom

Yacht Insurance

Commercial and General Facultative Reinsurance Yacht Reinsurance

C&G manages a portfolio of pleasure boats up to hull value of USD 15,000,000 per unit, and thanks to its market contacts is now able to quote and provide support for mega yachts up to 150 feet. Our team has developed wide experience in the placement of this class of business at competitive terms.

Cover for yachts include:

  • Hull and Machinery
  • Personal Effects
  • Medical Disbursements
  • Third Party Liability

Please note that an exclusive reinsurance facility is available to C&G for this class.

Specialty lines

Commercial and General Facultative Reinsurance Specialty Lines

 C&G enjoys market support from reputed underwriters for the following classes:

  • Bloodstock ( Sums Insured in excess of USD 100,000)
  • Event Cancellation
  • Jewelers’ Block policies
  • Environmental Insurance

We are therefore ready to respond appropriately to enquiries as soon as they are received. In the past we have achieved noticeable success for our quotes for these lines, especially with regard to Bloodstock Covers.