Stand-Alone Pool +300 Employees

If you place group insurance contracts with our network insurers in minimum 2 countries for minimum 300 employees, you can opt to setup a pool for your multinational company.

We offer different products depending on how you would like us to handle negative results on your contracts.

Loss Carry Forward

An overall negative balance in any given year will be carried forward to the next accounting period so that it can be offset against future positive results. If the future balances are not sufficient, the multinational company is not required to pay for the remaining loss.

Settlement of Dividend:

• Annually, for groups with a minimum of 500 lives
• Every second year, for groups with 300 to 500 lives

Limited Loss Carry Forward

An overall negative balance in any given year will be carried forward to the next accounting period so that it can be offset against future positive results. The carry forward period is limited in time so that a negative result will not be carried forward forever if the results stay negative over the years.

For this type of protection, an annual stop loss premium is charged by deducting it from a positive balance prior to the dividend payment. It is collected only if the pooling results are sufficient.

Settlement of Dividend:

• Annually, for groups with a minimum of 500 lives

Loss Free

This is a product for large multinational companies whereby they take over the risk on losses against a certain fee. If there is a negative result at the end of the rating period, the multinational company pays this amount back to the network.

Settlement of Dividend:

• Annually, for groups with a minimum of 1,000 lives
• No risk charge
• The multinational company is required to provide a Letter of Credit and/or bank guarantee

Partial Stop Loss

If the negative balance at the end of a rating period, is larger than a certain percentage of the premium in the pool, the amount in excess of this fixed percentage is waived. This percentage can be 50, 100 or 150 %.

For this type of protection, an annual stop loss premium is charged by deducting it from a positive balance prior to the dividend payment. It is collected only if the pooling results are sufficient.

Settlement of Dividend:

• Annually, for groups with a minimum of 500 lives

Full Stop Loss

If the multinational company has a negative balance at the end of a rating period, the full amount of the loss is waived. This option is especially appealing to groups larger than 2,000 insureds.

For this type of protection, an annual stop loss premium is charged by deducting it from a positive balance prior to the dividend payment. It is collected only if the pooling results are sufficient.

This charge is not carried forward or actually paid out by the multinational company.

Settlement of Dividend:

• Annually
• Stop loss charge is payable out of the results