Engineering reinsurance — CAR, EAR and machinery breakdown

Engineering reinsurance covers risks associated with construction projects, erection works and operating machinery. Guarant writes treaty and facultative engineering reinsurance for cedants with demonstrable technical capability.

• Contractors' All Risks (CAR).
• Erection All Risks (EAR).
• Machinery Breakdown (MB) and consequential loss.
• Project-specific delay-in-start-up where supported by underlying placement.

Up to USD 10M per risk.

Capacity figures are indicative and are subject to underwriting review, applicable regulatory authorisations and contractual terms. Specific limits are confirmed in writing for each placement.

Cedants in Middle East, Asia and Africa.

Contractor financial strength, project-management capability, site safety regime and supply-chain dependencies.

• Reinsurance overview
• Treaty reinsurance
• Facultative reinsurance