Reinsurance services | Tenderlake

Reinsurance services

Contract Value:
EUR 40M - 40M
Notice Type:
Contract Notice
Published Date:
19 May 2023
Closing Date:
19 June 2023
Location(s):
FR107 Val-de-Marne (FR FRANCE)
Description:
Reinsurance Services

market for the provision of reinsurance services for a portfolio of certain risks carried by Bpifrance Assurance Export

lot 1 - apériteur

the contract for the provision of reinsurance services concerns the risks underwritten by Bpifrance Assurance Export in accordance with the corresponding Bpifrance Policies, below: 1. Export credit for private and public buyers (guarantee of buyer credits, supplier credits, confirmed documentary credits, financing of commercial transactions against the risk of non-payment resulting from events giving rise to commercial losses, catastrophic and/or political defined in the original fonts); 2. Insurance of an export contract (insurance of commercial contracts against the risk of interruption of the contract or non-payment and resulting from the events giving rise to commercial, catastrophic and/or political claims defined in the original policies). The definitions of the risks guaranteed by Bpifrance Assurance Export and the conditions of the guarantees are specified in the general conditions, special conditions and special conditions of each Policy Bpifrance.La residual maturity of the risks to be covered is medium / long term and at least 2 years. The commitment of the reinsurers will be made in share, so each reinsurer will bear a certain share of all the risks constituting the portfolio ceded. The divestment covers a portfolio of risks taken as a whole, with a target disposal rate of 49%. The reinsurance treaty will include a "Follow the Fortune" clause which will recall the scope of the Reinsurer's commitment to the Cender in the event of a decision binding on it.

Lot 2 - Followers

the contract for the provision of reinsurance services concerns the risks underwritten by Bpifrance Assurance Export in accordance with the corresponding Bpifrance Policies, below: 1. Export credit for private and public buyers (guarantee of buyer credits, supplier credits, confirmed documentary credits, financing of commercial transactions against the risk of non-payment resulting from events giving rise to commercial losses, catastrophic and/or political defined in the original fonts); 2. Insurance of an export contract (insurance of commercial contracts against the risk of interruption of the contract or non-payment and resulting from the events giving rise to commercial, catastrophic and/or political claims defined in the original policies). The definitions of the risks guaranteed by Bpifrance Assurance Export and the conditions of the guarantees are specified in the general conditions, special conditions and special conditions of each Policy Bpifrance.La residual maturity of the risks to be covered is medium / long term and at least 2 years. The commitment of the reinsurers will be made in share, so each reinsurer will bear a certain share of all the risks constituting the portfolio ceded. The divestment covers a portfolio of risks taken as a whole, with a target disposal rate of 49%. The reinsurance treaty will include a "Follow the Fortune" clause which will recall the scope of the Reinsurer's commitment to the Cender in the event of a decision binding on it.

Download full details as .pdf
The Buyer:
bpifrance Assurance Export
CPV Code(s):
66700000 - Reinsurance services