The primary function of Pool Re is to pay eligible claims to its members (“Members”) following a terrorism event. To ensure that Pool Re performs its role in an accurate, timely and cost- effective manner and to prevent any reputational damage, Pool Re must be ready to respond to incidents as they occur, whether it is a small, isolated incident or a catastrophic event.
Should a large loss event occur, the volume of claims and referrals that would be received from Pool Re Members would be extremely large.
To ensure that the claims and referrals are reviewed promptly, there may be a requirement for additional loss adjusting resource at Pool Re, subject to the size of the relevant loss event.
If required, the additional resource provided by the Supplier will assist the Pool Re Claims Manager in reviewing claims above individual Members’ Large Loss limits, review, collate and calculate the erosion of Members’ retentions and ensure the service provided to Members and other stakeholders is of the highest standard.
Audit of the Group financial statements of Pool Reinsurance Company Limited and the respective responsibilities of the Directors of Pool Reinsurance Company Limited.
To view this notice, please click here:
https://poolre.delta-esourcing.com/delta/viewNotice.html?noticeId=1010579531
Audit of the Group financial statements of Pool Reinsurance Company Limited and the respective responsibilities of the Directors of Pool Reinsurance Company Limited.
To view this notice, please click here:
https://poolre.delta-esourcing.com/delta/viewNotice.html?noticeId=1010505884
As part of Pool Re's ongoing commitment to Environmental, Social and Governance best practice, Pool Re is a signatory to the UN Principles for Responsible Investment (UN PRI), and continued membership is required in order to meet the obligations associated with being a signatory.
MSCI provides a range of metrics related to ESG matters across the investment fund, including physical and transition risks, and provides underlying index data for equity benchmark
Pool Re is awarding two suppliers for the provision of global custodian and
investment accounting services for its investment fund.
The procurement was structured in two individual lots: Lot 1) Provision of global
custodian services; Lot 2) Provision of investment accounting services.
2 suppliers have been appointed for providing innovative non-traditional solutions and accessing broader capital market solutions to enhance the traditional retrocession protections currently placed for Pool Re by Guy Carpenter. Upon closing of each Transaction, the Client will pay, or cause to be paid, to Aon a fee for the Capital Raised in connection with the Transaction concerned (the "Completion Fee"). Upon closing of each Transaction, the Company shall pay, or cause to be paid, to Howden, fees for Securities sold.
The Broker shall be responsible for advising on the structure and design of the reinsurance programme and available types of cover.
They will also be expected to place the property terrorism reinsurance program.