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  • What We Do

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    Management Services

    The Coverholder is fully administered by Trust Re under a servicing contract which provides underwriting, claims management, reporting and infrastructure.
     
    Trust Re is a reinsurance company based in the Kingdom of Bahrain. With authorised capital of US$ 500 million and issued and paid up capital of US$ 250 million, Trust Re earned its recognition as a solid and reliable security through its long term professional commitment to the Insurance & Reinsurance Industry. It writes both life and non-life business on a Facultative & Treaty basis with a wide scope of geographical operation that includes: Africa, Asia, Russia, the Former Soviet Union (FSU) countries and the Middle East and North Africa (MENA) Region.
     

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    Underwriting

    Energy

    Onshore:

    • Oil & Gas refineries
    • Petrochemical Plants
    • Pipelines
    • Terminals
    • Construction
    • Operators Extra Expenses

    Offshore:

    • Platforms
    • Drilling Units
    • Operators Extra Expenses
    • Construction

    Underwriting Capacity
    Energy Onshore: up to US$ 75 million
    Energy Offshore: up to US$ 75 million

     
     
    Alternative Energy

    We provide cover for Facultative Risks in the following subsections of green energy:

    • Biofuel / Biomass Energy
    • Geothermal Energy
    • Hydro-electric Energy
    • Wind Energy (Onshore/Offshore)
    • Waste to Energy
    • Fuel Cell Energy
    • Solar PV (Onshore/Offshore) and solar CST Energy

     

    More specifically, the following coverages are provided:

    • Construction/Erection all risks
    • Marine and/or inland transit
    • Physical loss and/or damage
    • General third party liability

    Operational

    • Physical loss or damage
    • Business interruption/contingent business interruption
    • General third party liability

     

    Underwriting Capacity
    Alternative Energy: up to US$ 75 million
     

     

    Property

    We provide property and business interruption insurance for a huge range of industries which includes manufacturing, food, distribution, technology and transport.

    • Chemical
    • Commercial
    • Fertilisers
    • Food
    • Industrial
    • Manufacturing
    • Power/Construction
    • Residential
    • Technology
    • Transport

    Underwriting Capacity
    Property: up to US$ 75 million
     

     

    Specialty and Affinity Lines


    Our Specialty line consists of the following products:

     

    Political Violence (PV):

    • Terrorism Political Violence ( S&T, SRCC, MD, War & allied perils)   
    • Event cancellation related to terrorism or full political violence
    • Political Violence/Terrorism related liabilities
    • Political risk (CEND)

    Cyber Liability:

    • Data Breach Incident response costs
    • Network Security, Privacy and Data Breach Liability
    • Regulatory Liability
    • Payment Card Industry (PCI) fines and assessments
    • Data Restoration
    • Cyber Extortion
    • Media Liability

    Underwriting Capacity

    Political Violence: up to US$ 15 million

    Cyber: up to US$ 10 million

     

    Our Affinity products cover:

    • Auto Warranty
    • Guaranteed Asset Protection (GAP)
    • Brown & White Goods
    • Affinity Packages
       
  • Contact Us

    Flat 1902, Trust Tower, Building 125, Road 1702, Diplomatic Area 317,

    Manama, Kingdom of Bahrain

     

    Tel: + 973 17 517 317

    Fax: +973 17 531 586