An important portion of the risk exposure of any business is transferred to third parties, mainly by means of insurance and/or reinsurance.

Therefore, being able to optimize these transfer issues by implementing tailor-made and easily manageable covers and programmes is an important matter for any company.

This has become even more crucial, since the range of transfer products available on the market is growing wider every day (from traditional quota share or excess insurance policies to multi-line/multi-year and financial reinsurance solutions).

Another challenge is raised by some specific exposures that require a tailored approach, since no standard product is available on the transfer market. This is the case with certain unusual risks or when the company is pursuing a specific coverage objective.

Finally, in a captive framework, the (re)insurance structure can often offer more flexibility and can be further enhanced by the provision of additional protection through retrocession to the professional reinsurance market.