Underwriting Interests

Bay Harbor will participate on the following types of treaties:

• Casualty Quota Share

  A pro-rata contract in which the insurer and reinsurer share premiums and losses according to a fixed percentage. Allows an insurer to retain some risk and premium while sharing the rest with an insurer up to a predetermined maximum coverage.

• Property Quota Share

  A pro-rata contract in which the insurer and reinsurer share premiums and losses according to a fixed percentage. Allows an insurer to retain some risk and premium while sharing the rest with an insurer up to a predetermined maximum coverage.

• Workers' Compensation Quota Shares

  A pro-rata contract in which the insurer and reinsurer share premiums and losses according to a fixed percentage. Allows an insurer to retain some risk and premium while sharing the rest with an insurer up to a predetermined maximum coverage.

• Captive Reinsurance Needs

  Wholly owned subsidiaries created to provide insurance to its non-insurance parent company (or companies). Captives are essentially a form of self-insurance whereby the insurer is owned wholly by the insured.

• Workers Compensation Cat Towers

  Tiered coverage structure providing flexibility in how premium and risk is proportioned.

• Property Per Risk treaties

  Provides coverage to a client's subset of particular risks involving individual policies or locations issued from our insurance partners. Covering varied portfolios from personal lines to commercial property to energy exposures, subject to a specified limit.