Energy Property Facultative Reinsurance

Energy Property Facultative Reinsurance

For more than 30 years, AIG has brought superior value to energy clients worldwide through product and service innovation. Trust our industry expertise, flexible coverage options, and market-leading global capacities to help you weather unexpected interruptions, changes in the market, evolving country-specific regulations, and the challenges of operating across borders.

Underwriting Sweet Spots

  • AIG FAC Desk provides Facultative reinsurance solutions for Oil & Petrochemical, Power Generation, Mining, Chemical, and Pharmaceutical clients in Latin America and Caribbean.
  • Broad, flexible appetite; open to risks on a shared, layered, or excess of loss basis.
  • Focus on accounts where risk quality and client's commitment to loss mitigation support deploying reinsurance capacity.

Industry

PREFERRED RISKS

  • Power Generation, Petrochemical, Mining, Oil & Gas, Renewables
  • Refining, Petrochemicals, LNG
  • Midstream - pipelines and terminals
  • Basic/commodity chemicals
  • Specialty chemicals, pharmaceuticals
  • Fossil-fuel power plants, hydroelectric
  • Renewable energy – solar and wind
  • Open pit hard/soft rock and processing
  • Underground hard/soft rock

Claims help when it matters the most

  • Multi award winning Major Loss Regional claims expertise
  • In the event of a major claim we will confirm coverage as quickly as reasonably possible. Then we will provide the Policyholder with immediate working funds up to 50% of our share of the agreed estimate within 7 days for repairs, clean-up costs, extra expense and increased cost of working


“Energy is a highly specialized line of business where accurate and detailed information on the client risk management is key to our mutual success. We work hand in hand with our clients in their business journey by offering our underwriting expertise with the help of our industry specialist risk engineers to reduce their total cost of risk. Sharing a common culture and language with our partners undoubtedly is our main differentiator to nurture our long-term relationship”

Daniel Villafaina
AIG FAC Desk Product Leader

daniel.villafaina@aig.com
T: +1 786-777-7522
M: +1 786-209-5948
701 Brickell Avenue 19th Floor, Miami, FL 33131