Our conservative risk profile
A strong capital base
Guardrisk's risk profile is conservative because clients provide, by way of equity capital and retained earnings, the capital/solvency base required to insure and finance the underwriting programme.
Limited claims
Claims payable through a cell are limited to that cell's premium reserves, including reinsurance recoveries, plus equity and retained earnings.
For Customer Protection Insurance, where this limitation cannot apply, Guardrisk arranges high quality reinsurance protection.
Sustainable risks
Risks underwritten by Guardrisk are sustainable and fall into three main categories:
- Highly predictable losses where many corporates have a sufficiently large risk to be representative of the average risk; they are therefore able, with the right catastrophe reinsurance, to absorb and administer that risk.
- Difficult or expensive-to-insure contingencies, including environmental impairment, product liability and product recall.
- Sale of insurance products allied to the corporate's main business, its customers and staff.
