Skip to main content
Home
About ACE USA
Financial Information
Products & Services
News Room
Careers at ACE
Related ACE Links
Contact Us
Home> Products & Services> Climate Risk> Global Weather - ACE SPECTRA: Wind Deductible Buydown for Captives

 
Products & Services
 
Printer Friendly Version

Climate Risk : Global Weather - ACE SPECTRA: Wind Deductible Buydown for Captives

Regional Contacts


Product Description
  • Named Storm Deductible Buydown for Captives covering Real and Personal Property, including Business Income
  • Can be purchased to cover Captive's Windstorm Deductible Retentions on a stand-alone basis
  • Can be structured as an Annual Aggregate Cap on Windstorm retentions as opposed to a per occurrence cover. Supports Captive cash flow management.
  • Includes Coverage for Storm Surge
Minimums
  • Minimum Deductible: $100,000
  • Minimum Premium: $100,000
Limits
  • $10 mm; higher limits may be available
Typical Client Profile
  • Captives, including Captive Managers, who wish to manage windstorm exposures within the captive program. Able to provide tailored solutions for Captive risk management, especially where windstorm capacity is limited.
  • Any Captive with large wind storm and storm surge (flood) retentions requiring reinsurance on an occurrence or annual aggregate basis
  • Product can support captives with Hospitality, Real Estate, Entertainment and Manufacturing exposures to Named Wind Storms
Restricted Classes or Industries
  • N/A
Key Competitive Advantages
  • Financial Strength: ACE USA consistently receives among the highest ratings for financial strength from the industry's principal rating agencies
  • Admitted Policy
  • Product available stand-alone or in conjunction with a captive property program
  • Ability to manuscript or follow form of Captive's property carrier
  • ACE is a member of CICA (Captive Insurance Companies of America) and is recognized as a key provider of insurance products and services, in addition to being a contributor and supporter of the captive industry worldwide


Return to the Previous Page
© 2010 ACE. Terms of Use | Company Licensing | Privacy Statement | Contact the Webmaster