Risk Planning and Insurance Solutions for IPPs, Incineration Plants, and Chemical Facilities from Marine Transit and Construction to Operation
1. Power generation projects (IPPs), incineration plants, and chemical facilities face highly limited underwriting capacity in the insurance market. The process begins with an assessment of underwriting terms available in the international reinsurance market, followed by discussions with project owners to structure optimal insurance terms. Reinsurance quotations are then obtained, and domestic insurers are engaged to issue the policies.
2. Professional international loss control specialists are appointed to conduct on-site inspections and prepare professional English loss prevention reports, facilitating a comprehensive understanding of the risks by overseas reinsurers.
3. By effectively combining treaty reinsurance and facultative reinsurance arrangements of domestic insurers, risks are fully ceded, achieving 100% risk transfer.
