About Us

Kelvin Re is a privately-owned, Guernsey domiciled and regulated global reinsurer, writing short tail property and specialty lines reinsurance focusing on low risk non-correlating business. It has employed a territorially diverse strategy in order to build a balanced and profitable portfolio. Going forward the geographical focus will be Europe and MENA.

Kelvin Re has achieved an A.M. Best rating of BBB-. The rating reflects Kelvin Re’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.

Kelvin Re’s innovative structure, investment strength and experienced management team have placed it in good stead to achieve consistent returns for the investor and longevity in the industry, no matter what the marketplace conditions.

Structure

Kelvin Re brings together the very best in specialist services from a variety of industry leaders in their field.

Our insurance manager, Aon Guernsey, which provides insurance management services to over 300 licensed entities, provide technical, financial reporting, regulatory and compliance advice to the Company.

Innovation

Kelvin Re’s outsourced structure is an innovative market development that allows efficient capital provision with a low expense ratio that is ideally suited to current market conditions. A benefit of outsourcing partners is scalability. The experience of clients (in particular when claiming) is extremely important to Kelvin Re. There are over 100 professionals in Guernsey that can support client experience.

Classes of business

Proportional Treaties

Max 25% line / $5m per loss
Average line $25m
Normal maximum PML $50m
Proportional Treaties

Property Insurance

Average line $12.5m
Normal maximum PML $20m
Property Insurance

Accident & Health

Average line $7.5m
Normal maximum PML $10m
Accident & Health

Agriculture & Crop

Average line $5m
Normal maximum PML $10m
Agriculture & Crop

Credit

Including trade and personal
Average line $5m
Normal maximum PML $10m
Credit

Cyber

Average line $5m
Normal maximum PML $10m
Cyber

Marine & Energy

Average line $5m
Normal maximum PML $10m
Marine & Energy

Aviation & Space

Excluding BI/Loss of Use
Average line $5m
Normal maximum PML $10m
Aviation & Space

Surety

Average line $5m
Normal maximum PML $10m
Surety

Assistance

Average line $2.5m
Normal maximum PML $5m
Assistance

Financial Lines

Including D&O and PI
Average line $2.5m
Normal maximum PML $5m
Financial Lines

Legal Expenses

Average line $2.5m
Normal maximum PML $5m
Legal Expenses

Pet Insurance

Average line $2.5m
Normal maximum PML $5m
Pet Insurance

Prize indemnity

Average line $2.5m
Normal maximum PML $5m
Prize indemnity

Residual Value

Average line $2.5m
Normal maximum PML $5m
Residual Value

Domicile

Kelvin Re is based in Guernsey, which was selected due to its political, fiscal, legal and economic stability. This, together with its well-established infrastructure and proximity to Zurich and London, makes it a highly suitable choice of location for Kelvin Re.

Guernsey