1. JK Underwriting

• Meeting on Monday next week
• Next steps: BP plus guidelines
• BP with 12.5m capacity, co-insurance and waste
• 2nd July meeting in Lyon
• NatCat play - find the legislation
• UW guidelines from Valentina (Swiss Re)
• Standard risks uw guidelines from JK
• Give access to Paula to CatNet
• Questionnaire sent
• Teams interview with the underwriters for Waste
• Paula get training by Romeo
• Reinsurers approached: MS and Toa
• Talk to Arch Re to know if appetite
• Call on 7th of August about Cat exposure
• Define accumulation limit and the methods (radius/flood zone)
• Focus on waste only, prior submit (about 60 policies)
• Original policy - checked Pierre/Peter
• Reinsurance slip signed by Swiss Re-> Lucas
• Feedback on draft term sheet sent to Vito
• Triage document draft
• Discuss Term Sheet with JK
• Signed Term Sheet
• Still prior submit
• Reinsurance signed
• Pierre to have a call (process...)
• DD to plan before going Delegated->Q2 2026 (No plan for delegation in 2026)
• Has the TOBA been signed - Toba was sent to Vito, pending
• Meet new Swiss Re UW “Angelo” (Giorgio on parental leave 8m)
• Chase McGill for the updated slip which includes standard risks. Addendum 2 includes General Property signed.
• Extend binder and decide about standard risks - already included in binder on prior-submit basis.
• Request of Full delegation of authority ( Claims)
• General Property portfolio (1/1 renewal) to be reviewed in October (Pierre) then decide on binding authority.
• Indication for Gen. Property: 15m Axeria coinsurance capacity on follower basis (10m SR Reinsurance)
• McGill to obtain extention for Waste reinsurance from Swiss Re.
• Indication for Waste renewal: 15m Axeria capacity lead (10m reinsurance, pending McGill confirmation)
• Investigate Nat Cat Standalone participation - Pending responses from JK on EQ zones and Flood basins.
• Define accumulation limits for Axeria (Pierre, Peter)