Watch the latest episode of BPL Pulse featuring Hugh Friel, Vice President, Structuring, Africa at Frontclear. He joins BPL Global Director Charlotte Hampshire to discuss the role of DFIs in enhancing the stability of money markets in emerging economies, and Frontclear’s approach to delivering support to these regions. We’ve spent a lot of time in-country, […]
Global Reinsurance
& Portfolio Solutions
Our Global Reinsurance and Portfolio Solutions team employs the growing synergies between the credit and political risk insurance (CPRI) and reinsurance markets to offer portfolio-based cover for efficient risk transfer and enhanced use of capital for both financial institutions and corporate clients.
Our team also provides traditional facultative and treaty reinsurance for insurers, captives, surety providers, multi-lateral agencies, export credit agencies and financial guarantors.
Our Products: Reinsurance & portfolio solutions
The SRT Market
Portfolio Solutions
Significant Risk Transfer Transactions
A growing synergy between CPRI and reinsurance, Significant Risk Transfer (SRT) transactions allow financial institutions to shift credit risk on a portfolio of assets while maintaining the legal ownership and client relationship of a wide range of underlying assets – including those relating to residential mortgages, trade finance, project finance, as well as large corporate, SME, and asset backed loans.
Structured with a least two different stratified risk tranches of the underlying pool of assets, SRTs reflect degrees of credit risk in the portfolio. In exchange for risk premium paid by the financial institutions, SRT (re)insurers cover all losses of an entire pool of assets up to an aggregate limit, supported by their credit and political risk expertise and sophisticated modelling and actuarial capabilities.
With this structure, financial institutions, using both the standardised approach as well as Internal Ratings-Based method, can qualify for significant regulatory capital relief under Basel III/CRD IV.
World Leading Expertise
We have deep expertise in delivering reinsurance and portfolio-based solutions for our financial institutions and corporate clients which provide for efficient risk transfer and enhanced use of capital.
(Re)insurers covering SRT transactions, also known as Unfunded Investors, provide meaningful capacity and competitive pricing due to their risk-based premium calculation. Without collateral requirements, Unfunded Investors are able to provide cover for thicker tranches compared to Funded investors.
Portfolio Solutions
BPL Global’s Portfolio Solutions platform uses reinsurance structures and techniques to provide financial institutions with a range of tailored portfolio-based risk transfer and capital relief insurance covers, including proportional and non-proportional structures.
Reinsurance
We also provide specialist credit and political risk reinsurance broking services for insurers, captives, reinsurers, surety providers, multi-laterals, ECAs and financial guarantors. This includes broad range of facultative and treaty reinsurance programmes, such as quota share, Excess of Loss (per risk/obligor or on an aggregate basis) and surplus solutions.
Using our actuarial and data modelling capabilities, we structure, analyse, and advise on pricing for reinsurance programmes. We support our clients throughout the renewal process – from data gathering and modelling, submission preparation, reinsurer engagement and negotiation, through to treaty inception and counterparty monitoring.
Find out what sets us apart:
In the news
BPL Global’s James Cook and Jonny Carruthers joined Özlem Özüner from Allianz Trade for a new edition of the LIBF Centre for Digital Banking & Finance Trade Finance podcast series. The discussion focuses on the history and future of Trade Credit Insurance, provides insights into technological advancements and embedded finance, and delves into e-commerce innovations.. […]
BPL Global has committed to support charities WeSeeHope and Justice and Care for another three years BPL Global has been a proud supporter of WeSeeHope and Justice and Care for many years, and has renewed its investment in both organisations until at least 2025 in recognition of their vital work and the successful partnerships to […]
We are pleased to announce a number of changes to BPL Global’s senior management team as part of the latest steps in our succession plans and long-term commitment to remain an independent, employee-owned broker. Our two Managing Directors, James Esdaile and Sian Aspinall, move into new roles. James becomes Chairman, assuming the role from Charles […]
Discussions related to political violence may assume that coverage can be divided into one of two distinct categories: terrorism or war. This assumption can often lead to insufficient coverage especially in deteriorating geopolitical climates, highlights Zoe Towndrow, Practice Lead, Political Violence at BPL Global. Speaking on a recent ‘Tuesdays With Lloyd’s’ webcast, Towndrow says that […]
BPL Global was announced Lloyd’s and London Market Broking Team of the Year at the British Insurance Awards in July 2022. “A true specialist, BPL’s expertise and value to the Lloyd’s and London market underlined its credentials as the winner of Broking Team of the Year. From a commitment to developing markets in support of […]
