By KYIV. Nov 30 (Interfax-Ukraine) – Insurance company Busin (Kyiv) has completed the process of renewing the obligatory aviation liability risk reinsurance program for 2023-2024, according to the insurer’s website.
The total capacity of the reinsurance program is $550 million for aviation liability risks. The company also renewed the obligatory aviation KASKO reinsurance agreement with a capacity of $6 million.
The world’s leading companies and well-known Lloyd’s syndicates with high financial reliability ratings are involved in cooperation with the authorized broker Lloyd’s in reinsurance agreements.
The terms of the obligatory program fully apply to retrocessional risks, which guarantees prompt consideration of proposals and reliable coverage of risks from reinsurance partners.
Busin was registered in February 1993. It specializes in risk types of insurance. It is a member of a number of professional and industry associations – the League of Insurance Organizations of Ukraine, the National Club of Insurance Payments, the Nuclear Insurance Pool, the American Chamber of Commerce in Ukraine, the British Business Club.
