Back to latest news 19/12 2017

Tamesis/Tokio Marine Kiln Binder – Increase in Capacity

The programme capacity on Tamesis’ longest running binder has increased by 33.33% from $9m to $12m.  This has been achieved through the addition of Samsung Fire & Marine Ins Co of Seoul, South Korea which carries financial strength rating of ‘aa+’ and is provided through Quota Share reinsurance of the Kiln line.

We are delighted to enter into this brand new relationship with Samsung and extremely flattered that Samsung’s first venture into the specialty, property excess of loss market is through Tamesis.

We are hopeful that in the coming years the partnership with Samsung will develop into a stand-alone binder across all lines covered by the Tamesis business.