Services
The main functions of the Captive and Reinsurance department are underwriting of all classes of insurance:
Energy
- To provide a host of insurance solutions for the energy sector (Oil/Gas/Petrochemical and Power) covering all of the QP group of companies. These solutions relate to insurable risks embedded in their activities from the exploration phase to the production and marketing phases. The insurances provided are in the form of package policies covering property all risks, operators' expense, marine, Third party liabilities and business interruption.
- To liaise with Al Koot Reinsurers and Broker(s) to place an optimum level of risk to Al Koot Reinsurance facilities, to the extent applicable, to ensure overall competitiveness of terms quoted to QP and QP group companies.
