Phone: 850 2 18333 ext. 3818304 Email: future@futurere.com.kp

Types of Reinsurance

Facultative Reinsurance

Future Re provides facultative reinsurance solutions to meet the growing demands of the insurance companies that cannot afford to keep the whole risks for its own account, in terms of its size or characteristics.

Through the extensive technical expertise, disciplined underwriting approach and in-depth market knowledge, it will serve insurance companies by offering high-level capacity.in the form of facultative reinsurance for such large risks as energy, aircraft, airport, marine hulls, ports, terminals, banks and financial institutions.



Treaty Reinsurance

Future Re provides the local clients with a reasonable underwriting capacity in almost all types of reinsurance treaties; proportional (quota share, surplus) and non-proportional (risk/event/catastrophe excess of loss, stop loss) reinsuring portfolios in property, engineering, marine and agricultural business.

It gears to provide its capacity in the treaty business ceded by clients in the region and the rest of the world.



The forms and types of reinsurance portfolios in which Future Re is involved are detailed below.

Korea National Insurance Corporation:

Fire 70% Quota Share Treaty (Pure Fire Only)
Motor Quota Share Treaty
Engineering Quota Share Treaty
Civil Engineering Completed Risks Excess of Loss Treaty
Crop Stop Loss Treaty (Rice Only) 1st & 2nd Layer
Crop Stop Loss Treaty (Maize Only) 1st & 2nd Layer
Potato Quota Share Treaty
Personal Accident Quota Share Treaty
Property & Personal Accident Excess of Loss Treaty
Marine Cargo Quota Share Treaty (100% Quota Share)
Marine Hull Quota Share & Surplus Treaty (75% Quota Share, 100% Surplus)
P&I Liability Reporting Excess of Loss Reinsurance Contract
Port Liability Facultative Reinsurance
Aircraft Third Party Liability Facultative Reinsurance
Polestar Insurance Company:

Fire 70% Quota Share Treaty
Crop Stop Loss Treaty (Rice & Maize) 1st Layer
Crop Stop Loss Treaty (Rice & Maize) 2nd Layer
Aquaculture and Fruit Quota Share Treaty
Potato Quota Share Treaty
Engineering Quota Share Treaty
Civil Engineering Completed Risks Excess of Loss Treaty
Samhae Insurance Company:

Marine Cargo Excess of Loss Reinsurance Contract
Marine Hull Excess of Loss Reinsurance Contract
Fishing Vessel Facultative Reinsurance
Carrier’s Liability Facultative Reinsurance