K2 CAT

K2 CAT, located in the heart of the London market, brings property catastrophe reinsurance underwriting, distribution and portfolio management expertise to capacity providers, via a number of delegated cat facilities.

We celebrated our 10^th anniversary in September 2023.

We carefully select our clients and build long-term business relationships with them. Our carriers benefit from transparent and collaborative underwriting processes. We are supported in maintaining an open and effective client dialogue by our global broker network.

As empowered decision-makers, our service is proactive, disciplined, and backed by decades of experience. We focus on the US, Japan, Canada and the Caribbean, and plan to launch a Latin American offering in the first half of 2024.

In-house modelling, actuarial, claims, best in class MI & compliance resources support the underwriting team. Each facility has its own dedicated capacity and lines are not aggregated where more than one facility is involved on the same programme. Minimum rating for carriers is A- (AM Best or S&P).

K2 CAT’s USP is the ability to build totally bespoke portfolios tailored exactly to a carrier’s specific risk appetite.

Business can be accepted either via a carrier’s balance sheet; or using a fronting company; or via a segregated cell structure with a collateralised QS (also using a fronting company).