Intercontinental Wapic Insurance Plc has reinsurance arrangement with seven (5) reputable Reinsurance Companies:
- Munich Mauritius Reinsurance Company Ltd. (MMRC)
- African Reinsurance Corporation
- Ghana Reinsurance Corporation
- Continental Reinsurance Limited
- Globe Reinsurance Limited
| CLASSES |
WAPIC
RETENTION |
TREATY
COVER |
UNDERWRITING CAPACITY |
FIRE AND ALLIED PERILS [ 30 LINES ]
|
30,000,000
|
900,000,000
|
930,000,000 |
MARINE CARGO SURPLUS [ 30 LINES ] |
25,000,000 |
750,000,000 |
775,000,000 |
MARINE HULL SURPLUS [ 32 LINES ] |
6,000,000 |
193,000,000 |
198,000,000 |
| GENERAL ACCIDENT SURPLUS [ 30 LINES ] |
BURGLARY PRIVATE
BURGLARY BUSINESS PREMISES.
|
6,000,000
8,000,000
|
180,000,000
240,000,000
|
186,000,000
248,000,000
|
| GOODS-IN-TRANSIT |
| GENERAL GOODS |
8,000,000 |
240,000,000 |
248,000,000 |
| OWN GOODS |
6,000,000 |
180,000,000 |
186,000,000 |
| PERSONAL ACCIDENT |
| ANY ONE PERSON |
6,000,000 |
180,000,000 |
186,000,000 |
| KNOWN ACCUMULATION |
12,000,000 |
360,000,000 |
372,000,000 |
PERSONAL INDEMNITY |
6,000,000 |
180,000,000 |
186,000,000 |
| ALL RISK INSURANCE |
6,000,000 |
180,000,000 |
186,000,000 |
| MONEY INSURANCE [ 18 LINES ] |
| CASH-IN-TRANSIT |
6,000,000 |
108,000,000 |
114,000,000 |
| CASH-IN-SAFE |
6,000,000 |
108,000,000 |
114,000,000 |
| FIDELITY GUARANTEE [ 18 LINES ] |
| PER PERSON |
4,000,000 |
72,000,000 |
76,000,000 |
| PER FIRM |
8,000,000 |
144,000,000 |
152,000,000 |
| ENGINEERING SURPLUS |
| CAR, MBD, EAR, PAR, EE [ 25 LINES ] |
15,000,000 |
375,000,000 |
390,000,000 |
| BOND QUOTA SHARE TREATY 40/60% |
8,000,000 |
12,000,000 |
20,000,000 |
MOTOR EXCESS OF LOSS
PRIVATE CAR
COMMERICAL
|
DEDUCTABLE
(A) 750,000
2M
3M
(B) 3M
5.250M
6.250M |
1st Layer:
P/CAR: 3.250MX750
4BY4P/UP:3.250X2M
MT & JEEP: 3.250X3M
2nd Layer:
P/CAR: 4MX4M
4BY4P/UP
4MX5.250M
MT & JEEP: 4X6.250M |
|
MARINE CARGO XOL OF LOSS FIRE EXCESS |
|
|
|
