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Pro-01
Property Reinsurance

Property Solutions

Industrial, commercial, and operational property risks.

#reinsurance
Underwriting Focus

Semurg Appetite

Capacity
Up to USD 50M line size
Coverage Focus
Property Damage, Industrial All Risks, Business Interruption, Machinery Breakdown
Target Risks
Industrial plants, manufacturing facilities, commercial buildings, operational property assets
Geography
Pacific & Southeast Asia, North America (selective), South America, Caribbean, Australia, Sub-Saharan Africa, MENA, CEE/CIS
Lifecycle
Operational risks
Structure
Facultative and selective treaty placements
Exclusions
High hazard occupancies, explosives, pipelines, nuclear, liability-only lines
Property

Reinsurance solutions for industrial and commercial property risks, combining technical underwriting, engineering expertise, and structured capacity to support operational assets, manufacturing facilities, and commercial property portfolios worldwide.

Scope

What we cover

  • Industrial Production Facilities

    • Iron & steel plants
    • Aboveground mining facilities
    • Non-Ferrous metals production facilities
    • Other heavy industry production plants
    • Machinery intensive manufacturing facilities
    • Production line infrastructure
    • Specialized production complexes
  • Commercial Complexes

    • Stadiums and concert halls
    • Office buildings and business parks
    • Shopping centers
    • Retail complexes
    • Mixed-use commercial buildings
Underwriting Scope

Coverage

Core Coverage

Property All Risks (PAR)
Industrial All Risks (IAR)
Property Named Perils
Machinery Breakdown (MB) / Comprehensive Machinery Insurance (CMI)
Boiler and Pressure Vessel Explosion
Electronic Equipment (EEI)

Liability

Third Party Liability (TPL)
Environmental liability (selective)

Business Interruption

Business Interruption (BI) — only if linked to PD and/or MB

Out of Appetite

Food & beverage manufacturing
Plastics manufacturing
Tire production
Packaging plants
Textile / garments / carpets / rags manufacturing
Explosives and ammunition manufacturing
Hazardous chemicals production
Semiconductors fabrication plants
Casinos and gaming facilities
Liability-only lines outside property wording
Differentiators

Semurg's edge

Human & AI Synergy

  • Engineering-Led Risk Selection

    Technical engineering expertise integrated directly into underwriting evaluation, exposure analysis, and portfolio construction for industrial and commercial property risks.

  • AI-Assisted Exposure Intelligence

    Proprietary analytical infrastructure supporting accumulation visibility, exposure mapping, underwriting consistency, and real-time monitoring across portfolios.

  • Technology-Enabled Operations

    AI-supported workflows, accounting, financial and compliance reporting.

  • Established Market Network

    Over 18+ years of long-standing relationships across international (re)insurance market participants.

Structuring & Placement Capabilities

  • Flexible Capacity Structuring

    Facultative, treaty, and layered placement solutions for complex operational and infrastructure-heavy risks.

  • Cross-Border Placement Access

    Placements across international markets with coordinated support across multiple jurisdictions.

  • Multi-Layer Risk Structuring

    Expertise with complex programs involving industrial and commercial property risks, engineering risks, and multi-layered placements.

  • Cross-Jurisdiction Claims Coordination

    Claims handling and settlement support with technical and operational oversight across all markets and placement structures.