Reinsurance
Reinsurance plays a key role in the insurance industry and in 2011,
some 30% of Amlin’s gross written premium related to
reinsurance business. Reinsurers provide extra capacity, create
stability (particularly by offsetting primary catastrophe losses)
and play an important role in strengthening insurers’
finances.
Amlin is a buyer and seller of reinsurance through Lloyd's Syndicate 2001 and Amlin Bermuda. We purchase a variety of reinsurance types to broaden the risk profile of the syndicate and to provide us with the appropriate cover for the risks that we underwrite.
We also provide reinsurance to other insurers across the world, which helps spread their large and complex risks more widely.