Pools & Mega Projects
Decennial Liability Pool :
Since the starting of the Decennial Liability insurance obligation in 1996, the Tunisian market has been arranged in a reinsurance pool which includes almost all the Tunisian insurance companies.
Tunis Re, as manager of the pool, works to preserve the achievements of this pool which is essentially to maintain the balance of this line of business by respecting the technical pricing.
The main objective of this organization was the mobilization of a subscription capacity at the level of the Tunisian market in order to strengthen the retention of the market and keep the maximum premiums within the country.
Aviation POOL
Tunis Re was entrusted with the management of the Aviation Pool as a mark of confidence in this institution.
The Tunisian aviation pool is supplied mainly by the TUNISAIR national fleet and by all the risks that may be incurred. The primary objective of this common investment, which was designed at the initiative of the public authorities, is to strengthen the conditions for negotiation with the international reinsurance market. It is also a mechanism for consolidating national retention.
The insurance guarantees offered under the Pool:
- Hull – Ordinary risks: The intent of this coverage is to cover property damage or loss of the aircraft. The warranty also includes coverage for spare parts as well as repair costs, wreckage removal costs and costs incurred for the safekeeping of the aircraft.
- Hull – War risks and similar : This is coverage for damage caused by the following events: War, civil commotion, acts of terrorism, sabotage, aircraft hijacking, etc.
- Third party liability: This covers the airline’s liability to passengers, third parties and crew.
- Individual Accident : The contract covers the crew against bodily injury and provides for the payment of a capital sum in the event of permanent disability or to their beneficiaries in the event of death.
Marine Pool
Tunis Re has been appointed to manage the marine pool as a sign of trust in this institution.
The Tunisian Maritime Pool is currently powered by the national maritime fleet CTN and all the risk that can be filled in. The main objective of this common investment, which was established at the initiative of the public authorities, is to strengthen the negotiation terms with the international reinsurance market. It is also a mechanism for the consolidation of the national retention.
The insurance guarantees offered in the pool :
The purpose of this policy is to cover the Hulls and Engines, materials and equipment of the vessels in all risks as well as the Good Arrival Guarantee (in case of total loss and abandonment).
This is coverage for damage caused by war events and related risks including all piracy risks.
