QBE Re Europe / Agriculture Treaty

Agriculture Treaty

Type of Cover Available:

  • Stop Loss Treaty
  • Excess of Loss Treaty
  • Proportional Treaty

Perils

Crop:

  • Hail
  • Named perils
  • Multiple named perils

Perils considered only on a selective basis include: Pest & disease, freeze, price risk.

Forestry:

  • Fire, lightning, explosion, aircraft, malicious damage, windstorm
  • Other named perils

Agri-business:

  • Business interruption
  • Increased cost of working due to reduced or non-availability of primary production inputs

Category of Risk

Crop:

  1. Primary Field Crops:
    • Cereals (wheat, barley, oats, rye)
    • Coarse grains (sorghum, field beans)
    • Industrial oil crops (rape, soya, linseed)
  2. Pip fruit and stone fruit:
    • Apples and pears
    • Peach, nectarines, apricots, plums

Forestry:

  • All industrial species
  • Commercial standing timber

Agri-business:

  • Bespoke covers for the agribusiness sector

Underwriting Criteria

Preferences:
QBE has a preference for non-proportional agricultural business, but will consider proportional business.

Preferred classes include crop hail, crop named peril, standing timber and agribusiness.

QBE can offer a high level of technical expertise and ongoing support in this class of business.

Dislikes
In general we do not write floriculture, livestock, aquaculture, frost or pest and disease cover. However we would consider these on a case by case basis.

Minimum Information Required
Specific underwriting information required is available on a case by case basis.

Capacity
QBE is a leading/quoting market in all classes of crop and forestry insurance and reinsurance.

Indicative capacity:
US$ 4,000,000 any one risk, any one peril, any one territory. Additional capacity available on a case by case basis.

Key Contacts
Dominic Oldridge
+44 (0)20 7105 4682 Dominic.Oldridge@uk.qbe.com
Padraig Kelly +353 (0)1 605 3813 Padraig.Kelly@ie.qbe.com
 
Agriculture Treaty