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Underwriting Information: Casualty

Program Limits and Structure

Excess of original deductible and/or captive retention

Maximum capacity per captive program

• US$1.5m million per occurrence
• US$1.5m million aggregate (where applicable)

Underwriting Requirements

1. To access United's capacity, a captive must be managed by Aon Insurance Managers (United reinsures captives only).

• United SPC, domiciled in Cayman, and United SCIC (“United USA”), domiciled in Vermont (Cell Companies) can be used as a stepping stone.
• Single Parent captive / Parental risk only.

2. Demonstrable Risk Management Philosophy and Practice.

• A competent Risk Manager coupled with an effective Risk Management Department must be in place.

3. A copy of the original policy(ies) must be provided.

4. A complete description of the insured's operations including details as to:

• the retaining or assumption of liabilities as respects recent divestitures and/or acquisitions.
• discontinued operations.



5. Details of proposed policy limits including applicable deductibles and/or retention's and policy aggregates.

• Corresponding listing of individual losses with incurred values in excess of $100,000 (split between indemnity and expense) including a brief description of claim / applicable injuries.
• Corresponding historical exposure data (revenues, payroll, vehicles) for each underwriting year including estimates for forthcoming policy period
• Breakdown of vehicles by type i.e., private passenger, semi-trailers, tractors, heavy trucks, buses, etc. for renewal period.

6. Six years of loss history by line of business (minimum).

• Underwriting Information
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