Redline Underwriting has introduced a new property facultative reinsurance solution, targeting commercial and industrial property risks across Mexico, Central and South America, and the Caribbean.
The firm says the new offering, led by Adriana Cisneros, head of underwriting at Redline Underwriting, aims to enhance the company’s portfolio alongside its existing terrorism and general liability offerings — all backed by A+ rated Lloyd's capacity.
The initial line size, up to US$5 million, can be deployed on a primary, excess of loss, or proportional basis.
Cisneros comments: "This binding authority will establish our position as a player in the regional property market and will help to consolidate our growth. Lloyd’s reputation and strength in the reinsurance world is outstanding, and we are proud to partner with them."
