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Construction & Engineering Treaty and Facultative Reinsurance

AXA XL Reinsurance provides flexible, tailored construction and engineering reinsurance coverages on a treaty and facultative basis as a leader or follower.

Reinsurance Type:
Treaty: Pro rata (quota share & surplus); excess of loss (on both losses occurring and risks attaching during) and aggregate covers, coverage/treaty limits on sum insured basis or Probable Maximum Loss (PML) basis.

Facultative: Pro rata or Excess of Loss

Typical Ceding Company:
We provide capacity on a worldwide basis to cedants/clients with local, regional and global risk portfolios.

Our portfolio appetite will include the following classes:

  • Construction/Contractors All Risks (CAR)
  • Engineering/Erection All Risks (EAR)
  • Advanced Loss of Profits (ALOP) / Delay in Start Up (DSU)
  • Third Party Liability in connection with CAR/EAR
  • Machinery Breakdown/Business Interruption, Industrial All Risk
  • Operational Risk for Energy
  • Contractor’s Plant and Equipment
  • Computer & Electronic Equipment
  • Deterioration of Stock
  • Inherent Defect Insurance/Decennial Insurance

Our experience is broad, including but not limited to projects in the following sectors:

  • Commercial and industrial construction projects (hospitals, hotels, office, manufacturing, residential, retail, schools, warehouses)
  • Infrastructure/civil works (airports, bridges, electrical, pipelines, railway lines, roads, telecommunications)
  • Mining
  • Oil & Gas
  • Power generation - fossil fuel, hydroelectric plants, nuclear plants, renewables
  • Transportation
  • Industrial plants (food, cement, pulp & paper)

Territorial coverage: Worldwide

Our dedicated underwriters strive to be open to new ideas, concepts and innovative ways for the design of engineering & construction treaties & facultative risks.

The information contained herein is intended for informational purposes only. It’s is neither an offer to sell nor a solicitation to purchase any particular insurance product. Insurance coverage in any particular case will depend upon the type of policy in effect, the terms, conditions and exclusions in any such policy, and the facts of each unique situation. No representation is made that any specific insurance coverage would apply in the circumstances outlined herein. Please refer to the individual policy forms for specific coverage details. AXA XL is a division of AXA Group providing products and services through four business groups: AXA XL Insurance, AXA XL Reinsurance, AXA XL Art & Lifestyle and AXA XL Risk Consulting. In the US, the AXA XL insurance companies are: AXA Insurance Company, Catlin Insurance Company, Inc., Greenwich Insurance Company, Indian Harbor Insurance Company, XL Insurance America, Inc., XL Specialty Insurance Company and T.H.E. Insurance Company. In Canada, coverages are underwritten by XL Specialty Insurance Company - Canadian Branch and AXA Insurance Company - Canadian branch. Coverages may also be underwritten by Lloyd’s Syndicate #2003. Coverages underwritten by Lloyd’s Syndicate #2003 are placed on behalf of the member of Syndicate #2003 by Catlin Canada Inc. Lloyd’s ratings are independent of AXA Group. Not all of the insurers do business in all jurisdictions nor is coverage available in all jurisdictions.

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