Aviation & Aerospace Reinsurance facilitation

With the rapid growth of Science and Technology, the is a special emphasis on the development of Space Technology across the globe. Obviously, this type of high technology business could not be commercially developed without insurance protection. We, at the 1X Financial, jointly with our London associates, developed satellite insurance contracts along with Indian insurers and the first satellite viz. INSAT 1 A, providing the coverage for launch, in-orbit risks and also losses to third parties.

Since then, we have developed expertise for satellite insurance and reinsurance and successfully designed insurance programmes for the satellites launched by the Department of Space / Indian Space Research Organisation (ISRO) in the INSAT 2 & INSAT 3 series. We are proud of our association with the Department of Space in insuring space related ventures.

ReInsurance facilitation services - 1x Financial

1X Financials' Portfolio Solutions platform uses reinsurance structures and techniques to provide financial institutions with a range of tailored portfolio-based risk transfer and capital relief insurance covers, including proportional and non-proportional structures.

We also provide specialist credit and reinsurance facilitation services for insurers, captives, reinsurers, surety providers, multi-laterals, ECAs and financial guarantors. This includes broad range of facultative and treaty reinsurance programmes, such as quota share, Excess of Loss (per risk/obligor or on an aggregate basis) and surplus solutions.

Using our actuarial and data modelling capabilities, we structure, analyse, and advise on pricing for reinsurance programmes. We support our clients throughout the renewal process – from data gathering and modelling, submission preparation, reinsurer engagement and negotiation, through to treaty inception and counterparty monitoring.