OOUL is an accredited Lloyd’s coverholder that holds binding authorities with the following markets:
Lloyd’s of London USD37,500,000 any one risk
Kuwait Reinsurance Company USD15,000,000 any one risk
Hannover Re/International Insurance Company of Hannover
USD7,500,000 any one risk
Currently, OOUL’s maximum line is USD60,000,000 (net of any facultative reinsurance) any one risk, all clashing interests combined.
As a managing general agent, OOUL does not have a financial rating but all binder security is rated by A.M. Best and/or Standard and Poor’s. Latest ratings can be found on the respective company websites.
OOUL is registered with the FCA and its Firm Registration Number (FRN) is 536904.