BPL Global, specialist Credit and Political Risk Insurance (CPRI) broker, has further consolidated its position as the resident expert in the CPRI market with the release of its latest innovation, BPL Sphere – a new platform designed to give clients full and immediate visibility to their CPRI portfolio and exposures across their global operations. The […]
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 has been named a “Leader in Trade for Resilience” at Global Trade Review’s (GTR) 2021 Awards in the Insurance category. While the full direct impact of the coronavirus pandemic on the credit and political risk insurance (CPRI) market remains to be seen, for the private insurance market overall, industry losses are forecast to […]
Leading specialist CPRI broker BPL Global has today published its annual Market Insight report revealing a snapshot of claims, emerging areas of demand and appetite and how the industry has fared over the past twelve months. Given its 20% share of the brokered market, BPL Global delves into its own portfolio statistics in the report […]
The current CEO of BPL Singapore, Harry McIndoe, is set to return to London to take on a new management role within the BPL Global Group following nine years in Asia, with Hayley Ek assuming responsibility over the coming months. McIndoe helped establish BPL’s Singapore office in 2012 and has been instrumental in both growing […]
With BPL New York LLC now established as one of its wholly-owned subsidiaries, BPL Global – the leading CPRI broker – is delighted to announce the appointment of Gabe Mansky and Andrea Friedman. Mansky and Friedman, who both join BPL New York from Arthur J. Gallagher, will be primarily focused on Israeli-based corporations and banks, […]
BPL Global and EQUA Specialty Risk Partners Corporation (EQUA) have today announced that they have signed a partnership agreement, effective immediately. Based in Canada, EQUA is a risk management and insurance brokerage firm offering customized solutions for specialty lines and will bolster specialist credit and political risk insurance (CPRI) broker BPL Global’s worldwide reach and […]
