Construction all risks
Reinsurance for civil works and construction projects where contract terms, site controls, and project timetable are available.
Global RE Solutions
Engineering
Engineering reinsurance for construction, erection, machinery, equipment, and project-related risks where technical controls, testing phases, and contract conditions are visible.
- Scope
- Construction and engineering
- Focus
- CAR, EAR, machinery breakdown, project equipment, testing, and delay-sensitive works
- Structures written
- FacultativeTreatyQuota shareExcess of lossProject-specific
Specialist reinsurance class
What we write
Products and structures
The covers below represent Global RE's core appetite in engineering. Risks outside this list can still be reviewed when the scope, data, and wording are clear.
Erection all risks
Capacity for plant, machinery, and equipment installation where testing, commissioning, and handover phases are clearly defined.
Machinery breakdown
Support for operational machinery exposure where maintenance, inspection, and loss-prevention practices are evidenced.
Contractors plant and equipment
Coverage for mobile plant, equipment, and site machinery subject to valuation, usage, and theft-control review.
Delay in start-up
Delay-sensitive project exposure considered where critical path, testing, and indemnity assumptions are technically supported.
Infrastructure projects
Selective support for roads, utilities, energy infrastructure, public works, and major engineering projects.
Underwriting view
How Global RE reviews engineering submissions
Each submission is reviewed through the lens of exposure quality, documentation, contractual wording, claims experience, and the specific controls relevant to the class.
Project complexity
Civil, mechanical, electrical, and commissioning risk are reviewed according to project phase and technical controls.
Contractor experience
Experience with similar works, subcontractor management, and quality assurance practices inform participation.
Testing and commissioning
Testing procedures, defects cover, hot testing, and handover conditions materially affect the underwriting view.
Natural catastrophe exposure
Project location and works schedule are compared with weather, flood, earthquake, and other peril exposure.
Why cedants place with us
Our approach to engineering risk
Project-stage underwriting
Risk is assessed through design, procurement, construction, testing, commissioning, and maintenance stages.
Technical information focus
Engineering reports, method statements, project controls, and contractor experience are reviewed before participation.
Contractual risk transfer
Responsibility among principals, contractors, subcontractors, and suppliers is reviewed alongside policy wording.
Delay exposure discipline
Delay in start-up and time-element exposure are considered only where critical path assumptions are credible.
Submission checklist
Information expected for review
The following information helps Global RE assess whether a engineering opportunity sits within appetite and whether the proposed structure is sufficiently clear.
- 1
Project description, contract value, timeline, location, and principal parties
- 2
Construction method, engineering reports, and contractor/subcontractor experience
- 3
Testing and commissioning details, maintenance period, and delay assumptions
- 4
Draft wording, deductibles, extensions, accumulation, and loss history
Other classes
Explore the rest of the specialist portfolio
Each class is written within a defined appetite so counterparties can see where Global RE is prepared to participate.
Property
Property reinsurance for commercial, industrial, and project-related assets, with attention to physical damage, business interruption, and catastrophe aggregation.
View classCasualty
Casualty reinsurance for general liability, products liability, employers liability, and excess liability exposures where jurisdiction, wording, and claims environment are understood.
View classMarine
Marine reinsurance for cargo, transit, project cargo, stock throughput, and related logistics exposures where route, storage, and accumulation controls are understood.
View classBonds/Surety
Bonds and surety reinsurance for bid, performance, advance payment, maintenance, and contract guarantee obligations linked to public, private, and infrastructure works.
View class
Discuss your engineering proposal
Global RE reviews engineering submissions within its defined appetite, with claims obligations, structure, and documentation assessed before capacity is committed.