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Regional Reciprocal Catastrophe Pool (RRCP)

RRCP Home :: Strengths :: Loss Potential :: Participants

General Underwriting Requirements

Companies ceding business into the Pool must be Pool participants

Pool covers Property Catastrophe business only

Pool participants/exposures must be regionally quantifiable

Layer ceded into the Pool must be the top layer of Company's total catastrophe program

Layer must attach above any prior property catastrophe losses trended to current value

Ceded layer cannot exceed greater of 50% of total catastrophe program or $40,000,000

Minimum Policyholder Surplus of $4,000,000

Rated B++ or better by AM Best

Maximum pool participation for any one company 10%