Reinsurance

Lighthouse uses the services of Holborn Re Corporation (“Holborn Re”) one of the world’s leading independent reinsurance intermediary and risk advisors with clients around the globe.

Holborn Re has provided services to other similar companies (many with catastrophic event experience) and as such, brings significant strength to the Company’s efforts in the property market.

In addition, Holborn Re provides catastrophe modeling reports using the AIR and RMS catastrophe models. Lighthouse monitors its aggregate risk exposures on an ongoing basis to minimize the financial impact to the company and its policyholders from catastrophic losses.

Lighthouse has purchased reinsurance to cover its 1-in-100 year Probable Maximum Loss (PML) from the following reinsurers: