Cyber Terrorism Reinsurance USD 235903

Cyber Terrorism Reinsurance USD 235903

Boston Gas Company d/b/a National Grid D.P.U. 20-120 Attachment AG-51-12-3 Page 1 of 4 2020 Terrorism Premium Breakdown Original Details USD Currency FX Rate Reinsurance Terrorism Reinsurance USD 238,026 - Premiums Cyber Terrorism Reinsurance USD 235,903 - Terrorism Reinsurance USD 13,845 GBP 11,076 1.25 Broker Fees* Cyber Terrorism Reinsurance USD 13,845 GBP 11,076 1.25 Admin & Terrorism Reinsurance USD 13 Expenses Cyber Terrorism Reinsurance USD 13 Total Retail Premium: USD 501,645 *Broker fees allocated based on % of Reinsurance premium ceded (US: 42.6% & UK: 57.4%) Terrorism Boston Gas Company d/b/a National Grid D.P.U. 20-120 Attachment AG-51-12-3 Page 2 of 4 2020 Excess Liability Premium Breakdown 2020 Excess Liability Reinsurance Structure and Breakdown NGI USA Signed Premium USD Premium Layer Reinsurer Signed Line FX Rate Original Line % (Original Amount Details USD Currency FX Rate Currency) Reinsurance Premiums USD 3,222,088 GBP 2,577,670 1.25 G11: GBP10m xs GBP830.5m AXA XL 100.00% GBP 10,000,000 GBP 24,000 1.25 Broker Fees* USD 139,150 GBP 111,320 1.25 xs USD85m Total: 100.00% GBP 10,000,000 GBP 24,000 1.25 USD 30,000.00 Admin & Expenses USD 113,763 Chubb Bermuda Insurance Ltd 66.67% GBP 50,000,000 GBP 135,000 1.25 GL10: GBP75m xs GBP755.5m Total Premium: USD 3,475,000 American International Reinsurance Company Ltd 33.33% GBP 25,000,000 GBP 67,500 1.25 xs USD85m Total: 100.00% GBP 75,000,000 GBP 202,500 1.25 USD 253,125.00 *Broker fees allocated based on % of Reinsurance premium ceded (US: 50.6% & UK: 49.4%) Hiscox Syndicate HIS 33 33.33% GBP 10,000,000 GBP 27,000 1.25 Ascot Syndicate ASC 1414 16.67% GBP 5,000,000 GBP 13,500 1.25 GL9: GBP30m xs GBP725.5m MS Amlin Syndicate AML 2001 16.67% GBP 5,000,000 GBP 13,500 1.25 xs USD85m HDI Global SE 33.33% GBP 10,000,000 GBP 21,000 1.25 Total: 100.00% GBP 30,000,000 GBP 75,000 1.25 USD 93,750.00 Liberty Agency Ltd. 8.2988% GBP 10,000,000 GBP 27,000 1.25 Oil Casualty Insurance, Ltd 29.0456% GBP 35,000,000 GBP 94,500 1.25 Arch Reinsurance Ltd 10.3734% GBP 12,500,000 GBP 33,750 1.25 GL8: GBP120.5m xs GBP605m Endurance Specialty Insurance Ltd 4.1494% GBP 5,000,000 GBP 13,500 1.25 xs USD85m Argo Re Ltd 16.5975% GBP 20,000,000 GBP 54,000 1.25 XL Insurance Bermuda Ltd 14.9378% GBP 18,000,000 GBP 48,600 1.25 Markel Bermuda Limited 16.5975% GBP 20,000,000 GBP 54,000 1.25 Total: 100.00% GBP 120,500,000 GBP 325,350 1.25 USD 406,687.50 Great Lakes Insurance SE 28.57% GBP 20,000,000 GBP 38,400 1.25 Assicurazioni Generali S.p.A UK Branch 14.29% GBP 10,000,000 GBP 19,200 1.25 GL:7 GBP70M xs GBP535m xs Chaucer Syndicate CSL 1084 10.00% GBP 7,000,000 GBP 18,900 1.25 USD85m National Grid Insurance Company (Isle of Man) Limited 47.14% GBP 33,000,000 GBP 63,360 1.25 Total: 100.00% GBP 70,000,000 GBP 139,860 1.25 USD 174,825.00 GL6: GBP50m xs GBP485m xs Energy Insurance Mutual 100.00% GBP 50,000,000 GBP 110,760 1.25 USD85m Total: 100.00% GBP 50,000,000 GBP 110,760 1.25 USD 138,450.00 Great Lakes Insurance SE 20.0000% GBP 15,000,000 GBP 31,050 1.25 Liberty Mutual Insurance Europe SE 20.0000% GBP 15,000,000 GBP 42,000 1.25 GL5: GBP75m xs GBP410m xs QBE Europe SA/NV 48.3333% GBP 36,250,000 GBP 75,038 1.25 USD85m Assicurazioni Generali S.p.A UK Branch 10.6667% GBP 8,000,000 GBP 16,560 1.25 National Grid Insurance Company (Isle of Man) Limited 1.0000% GBP 750,000 GBP 1,553 1.25 Total: 100.00% GBP 75,000,000 GBP 166,200 1.25 USD 207,750.00 QBE Europe SA/NV 25.00% GBP 25,000,000 GBP 63,750 1.25 Chubb European Group SE 17.50% GBP 17,500,000 GBP 44,625 1.25 GL4: GBP100m xs GBP310m xs Great Lakes Insurance SE 10.00% GBP 10,000,000 GBP 25,500 1.25 USD85m Allianz Global Corporate & Speciality SE 25.00% GBP 25,000,000 GBP 63,750 1.25 Assicurazioni Generali S.p.A UK Branch 22.50% GBP 22,500,000 GBP 57,375 1.25 Total: 100.00% GBP 100,000,000 GBP 255,000 1.25 USD 318,750.00 GL3: GBP65m xs GBP245m xs HDI Global SE - UK 100.00% GBP 65,000,000 GBP 156,000 1.25 USD85m Total: 100.00% GBP 65,000,000 GBP 156,000 1.25 USD 195,000.00 Allianz Global Corporate & Speciality SE 22.50% GBP 22,500,000 GBP 80,325 1.25 Great Lakes Insurance SE 10.00% GBP 10,000,000 GBP 35,700 1.25 Assicurazioni Generali S.p.A UK Branch 12.50% GBP 12,500,000 GBP 44,625 1.25 Zurich Insurance Plc UK Branch 19.00% GBP 19,000,000 GBP 67,830 1.25 GL2: GBP100m xs GBP145m xs USD85m SCOR UK Company Limited 7.50% GBP 7,500,000 GBP 26,775 1.25 Berkley Offshore Underwriting Managers UK, Limited underwriting on behalf of W.R. 6.00% GBP 6,000,000 GBP 21,420 Berkley Europe A.G. 1.25 QBE Europe SA/NV 22.50% GBP 22,500,000 GBP 80,325 1.25 Total: 100.00% GBP 100,000,000 GBP 357,000 1.25 USD 446,250.00 Chubb European Group SE 27.7778% GBP 12,500,000 GBP 60,000 1.25 AIG UK Limited 22.2222% GBP 10,000,000 GBP 48,000 1.25 GL1b: GBP45m xs GBP100m xs Allianz Global Corporate & Speciality SE 27.7778% GBP 12,500,000 GBP 60,000 1.25 USD85m QBE Europe SA/NV 11.1111% GBP 5,000,000 GBP 24,000 1.25 Great Lakes Insurance SE 11.1111% GBP 5,000,000 GBP 24,000 1.25 Total: 100.0000% GBP 45,000,000 GBP 216,000 1.25 USD 270,000.00 AIG UK Limited 20.00% GBP 20,000,000 GBP 110,000 1.25 Allianz Global Corporate & Speciality SE 25.00% GBP 25,000,000 GBP 137,500 1.25 Assicurazioni Generali S.p.A UK Branch 10.00% GBP 10,000,000 GBP 55,000 1.25 GL1a: GBP100m xs USD85m Chubb European Group SE 35.00% GBP 35,000,000 GBP 192,500 1.25 QBE Europe SA/NV 10.00% GBP 10,000,000 GBP 55,000 1.25 Total: 100.00% GBP 100,000,000 GBP 550,000 1.25 USD 687,500.00 Total: GBP 2,577,670 1.25 USD 3,222,087.50 Excess Liability Boston Gas Company d/b/a National Grid D.P.U. 20-120 Attachment AG-51-12-3 Page 3 of 4 2020 Cyber Risks & Deductible Buydown Premium Breakdown 2020 Cyber Risks Reinsurance Structure and Breakdown Original Layer Reinsurer Signed Signed Line NGI USA Premium Details USD Currency FX Rate Line % Reinsurance Premiums Cyber Risks USD 1,417,631 AIG UK 35.2941% USD 15,000,000 USD 75,563 Cyber Risks USD 215,498 Tokio Marine HCC (Lloyds syndicate 4141 ) 23.5294% USD 10,000,000 USD 50,375 Retained Risk Premium Cyber Deductible Buydown USD 325,000 GL3 - USD42.5m xs USD182.5m Tokio Marine Kiln (Lloyds syndicate 0510 ) 35.2941% USD 15,000,000 USD 75,563 Broker Fees* Cyber Risks USD 77,188 GBP 61,750 1.25 Allianz Global Corporate & Specialty SE 5.8824% USD 2,500,000 USD 12,594 Cyber Risks USD 0 Total: 100.0000% USD 42,500,000 USD 214,094 Admin & Expenses Cyber Deductible Buydown USD 0 Nationwide (Scottsdale) 40.00% USD 10,000,000 USD 52,000 Total Retail Premium: USD 2,035,317 Starr Surplus 40.00% USD 10,000,000 USD 52,000 GL2 - USD25m xs USD157.5m Axa/XL (Indian Harbour) 20.00% USD 5,000,000 USD 26,000 *Broker fees allocated based on % of Reinsurance premium ceded (US: 65% & UK: 35%) Total: 100.00% USD 25,000,000 USD 130,000 Munich Re (Great Lakes) 38.46% USD 12,500,000 USD 89,375 Zurich 30.77% USD 10,000,000 USD 71,500 GL1 - USD32.5m xs USD125m Canopius 30.77% USD 10,000,000 USD 71,500 Total: 100.00% USD 32,500,000 USD 232,375 AEGIS Insurance Services, Inc. 64.00% USD 80,000,000 USD 668,766 Nuclear Electric Insurance Limited (NEIL) 12.00% USD 15,000,000 USD 129,299 Energy Insurance Mutual 4.00% USD 5,000,000 USD 43,098 Primary - USD125m Total: 80.00% USD 100,000,000 USD 841,163 NGI USA Retained Risk** 20.00% USD 25,000,000 USD 215,498 Total Retained Risk: 20.00% USD 25,000,000 USD 215,498 Total: USD 1,417,631.45 ** NGI USA retains 20% of the Primary USD125m layer totalling USD25m.

View Full Text

Details

  • File Type
    pdf
  • Upload Time
    -
  • Content Languages
    English
  • Upload User
    Anonymous/Not logged-in
  • File Pages
    4 Page
  • File Size
    -

Download

Channel Download Status
Express Download Enable

Copyright

We respect the copyrights and intellectual property rights of all users. All uploaded documents are either original works of the uploader or authorized works of the rightful owners.

  • Not to be reproduced or distributed without explicit permission.
  • Not used for commercial purposes outside of approved use cases.
  • Not used to infringe on the rights of the original creators.
  • If you believe any content infringes your copyright, please contact us immediately.

Support

For help with questions, suggestions, or problems, please contact us