Commutation
In recent years, an unprecedented number of reinsurance companies have gone into run-off or into provisional liquidation. For cedants with long-tail liabilities, this can present a major threat to their balance sheet.
Commutation provides the certainty of cash today - rather than promises for tomorrow- and produces a considerable reduction in servicing costs.
BMS has twenty years of experience in structuring commutations, whether full or 'carve out'. It can advise on each step of the process, from undertaking preliminary feasibility reviews to securing final settlement.
Read more about commutation assistance >>
See also run off services >>
Contact
Andrea Viera
Specialist - Broker Replacement Services
BMS Intermediaries Ltd
This page was published on: 9 August 2007