Property Facultative and Program Business
RLI Re writes property facultative and semi-automatic reinsurance for cede companies domiciled
in the U.S., U.S. territories (including U.S. Virgin Islands and Puerto Rico), Canada and Bermuda.
We may also consider foreign affiliates of the above group as well.
RLI Re is primarily an intermediary market, though occasionally direct business is written
if a broker is not used.
RLI Re writes most types of property risk except for petrochemical refineries, aviation, and
ocean marine. We will consider just about any other type of risk if it makes sense and we are
given flexibility to offer alternatives.
RLI Re will consider most catastrophe exposures, including California earthquake and Florida
hurricane.
RLI Re will write single-peril placements such as earthquake, flood, wind, and boiler &
machinery.
RLI Re will consider risk transfer methods such as second or third occurrences, franchise
deductibles, aggregate excess layers, loss sensitive pricing, various reinstatement options and
many other methods. We use creative techniques to help you and your clients achieve their risk
transfer goals.
RLI Re will consider program accounts and semi-automatics in general. We prefer
homogeneous exposures with all interested parties having previous program or association group
experience and with a financial incentive for the program to be successful. Occasionally
we will consider a general semi-automatic capacity placement that is not specialized.
Where
Most of the risks we write are located in the U.S. and Canada. We will consider global risk
schedules and foreign-only risk locations on a case-by-case basis.
How
RLI Re usually concentrates on the buffer layer excess portion of a layered account structure,
meaning a lower excess layer with moderate or heavy exposure to the risk’s probable maximum
loss. We consider pro rata and primary participations where deductibles minimize loss frequency,
and we will consider higher excess layers that meet our minimum premium
and minimum price per million requirements.
RLI Re currently offers maximum capacity of $25 million per risk and is
available for CAT risks as well. Our certificate minimum premium is currently $5,000.
How to Submit an Account
If you are a new facultative client, please contact us prior to sending a submission. We will
need to exchange financial information, contact information, and find out more about your risk
transfer needs so we can better serve you.
Email (preferred): propfac@rli-re.com
Telephone: 203-406-2600
Send overnight submissions to:
RLI Reinsurance
One Landmark Square
Suite 230
Stamford, CT 06901
USA
