Mutual Reinsurance Bureau | 1780 S. Bell School Rd | P.O. Box 398 | Cherry Valley, IL 61016 | 815-332-3155ph, 815-332-3265 fax

Regional Reciprocal Catastrophe Pool (RRCP)

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

General Underwriting Requirements

Companies ceding business into the Pool must be Pool participants (i.e., assumers)

Pool covers Property Catastrophe business only

Pool participants/exposures should be regionally quantifiable

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

Layer must attach at or above the average net Pre-Cat 100 year All-Perils modeled loss

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 $52,500,000

Minimum Policyholder Surplus of $4,000,000

Rated B++ or better by AM Best

Maximum assumed pool participation for any one company 10%


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