Pioneer CAT The Pioneer CAT team is based in London and provides property catastrophe reinsurance underwriting, distribution and portfolio management expertise to its capacity providers utilising a global network of brokers.

50+Years of
Market Experience

$20m+Maximum CAT XL
Capacity Per Programme

The team was formed in September 2013 and is led by David Carson who has over 30 years' experience in the Lloyd’s and London Market. Pioneer CAT has demonstrated the ability to originate substantial quantities of attractive reinsurance proposals since its inception.

We focus, principally, on traditional catastrophe reinsurance.

Backed by first class security, on either an automatic or referral basis, we write traditional property treaty business in Japan and the US via six distinct delegated facilities (JDF, USDF, UCCDF, TPJDF, CCDF & CCJDF) ~ Canada & the Caribbean are also included in our main facility (USDF). To date we have committed over GBP 2bn of limit on behalf of our carriers and we have 140 “live” clients.

Lines are separate, not aggregated.

Products offered: Cat XL, Pro Rata, Risk XL, Aggregate XL and ILW.

Key Facts

  • Access to business
  • Delivery of property catastrophe reinsurance underwriting knowledge / experience
  • Portfolio management
  • Distribution expertise, utilising a global network of brokers
  • Efficient, responsive service
  • Ability to quote, travel and, importantly, empowered to make decisions
  • Claims settled promptly (e.g. Peak Re is the only reinsurer to publish claim payment stats)

About the Pioneer CAT team

Our facilities enjoy strong support from all the major brokers. Maximum Cat XL capacity varies by territory but, generally, is USD 20m + per programme. Claims are settled quickly - an essential component of our "promise to pay". Judicious client selection is key.

We look for regional specialists with strong underwriting, management & claims cultures, who should out-perform their markets when large losses occur and to whom reinsurance is a valued component of their risk management.

ln 2019 we will write approx. USD 70-75m premium for our capacity providers; approx. split: 70% US; 21% Japan; 6% Caribbean; and 3% Canada.

We can also write collateralised reinsurance and are happy to discuss our offering with potential investors. Focus is on US, single peril, short duration via either ILW or as an accompanying line to our traditional participation(s).

Click here to download the Summary Brochure

Our Carriers

90% of the portfolio is written on behalf of Peak Re, our original backer, for whom we started underwriting business from Japan, USA, Canada and the Caribbean in 2014. Our second carrier is Taiping Re, also based in HK, with US business accepted on their behalf from 2015. This arrangement was expanded to include Japan in 2016. All facilities / lines are separate, not aggregated.


Pioneer CAT also underwrites business in the USA (2017 onwards) and Japan (from 2018) on behalf of Cathay Century Insurance Co, Ltd of Taiwan.

Contact Us

Global Offices

UK

London
T: +44 (0)20 7480 0367
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US

New York
T: +1 646 923 9920
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Atlanta
T: +1 (404) 937 1045
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Philadelphia
T: +1 646 923 9930
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Seattle
T: +1 206 395 2023
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EUR

Zurich
T: +41 43 210 3582
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Brussels
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