COVERHOLDER

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  • CIB has strived for the global strategy of development since its establishment and acts always as a pioneer to provide the innovative products and services to domestic and oversea clients. CIB cooperated with Lloyd's China in 2016 to explore the coverholder model in China and a pilot program was successfully  launched to provide underwriting services to the risk carriers by local professional underwriting team. The Coverholder Department was set up formally in April of 2016.  And CIB was officially approved as the first coverholder of Lloyd's China  on 27 October 2016. 

    The Coverholder Department has written the business formally since 1 January 2017 and has established cooperation-ship with local clients, including cedants and brokers. Composed of the local professional underwriters, the Coverholder Department is focusing on providing one-stop reinsurance service platform to our clients, depending on the reliable ability of risk assessment and risk management, also supported by the mature existing broking distribution and services of CIB. And we give best warranty to local clients with risk carrier's excellent security rating and financial credit. And we also manage our risk clearly and efficiently by designing a web-based independent binding authority underwriting system to enhance our ability of risk assessment and management further.


    Authorised Classes of Business
    Terrorism Facultative Reinsurance Business
    Terrorism Standalone and Terrorism Extension under Property and BI Policies
    Our capacity: USD50mil. (Any One Occurrence and In Aggregate)


    Fine Art and Species Reinsurance Business
    Our capacity:  Maximum Limit USD50mil, Standard Limit USD25mil.


    Contact Us
    Email: MGA@chinacib.com

    Underwriting Director
    Bo Li (李波)
    Tel: +86 10 8555 8444
    Mobile:+86 1391 186 2605 
    Email: libo@chinacib.com

    Links
    About Coverholders 
    Lloyd's
    Lloyd's China