NASCO KARAOGLAN FRANCE NKF VALUES WHO ARE WE? NASCO GROUP NASCO FRANCE TREATY DEPARTMENT
NASCO FRANCE NK France was founded in 1976 in Paris as a wholly owned subsidiary of Nasco Karaoglan Group. The Company started its activities originally to provide reinsurance support to the companies within the Nasco Karaoglan Group, however through rapid growth; NKF became one of the leading reinsurance brokers in France. Nasco Karaoglan France also operates as a direct insurance broker dedicated to high net worth individuals and corporations seeking "personalized" insurance protection or assistance in Europe.
NKF Values Focus We are not Global Players, but leading reins providers in the markets where we operate. Our Focus is to bring tailor-made, superior quality & efficient solutions to every client needs. Commitment We believe in constant and effective communication. We recognise transparency & professionalism should govern all our operations. We are determined to be reliable partners to both Cedants & Reinsureres, and are proud of having a proven record of stable and long term relationships Flexibility In a changing environment, and a Cyclical Market, NKF have the strength to anticipate threats and opportunities, and to adapt very rapidly NKF innovative and flexible approach together with the person to person relationship with our underwriters give us a powerful advantage of facing successfully every challenge.
NASCO GROUP NASCO KARAOGLAN GROUP UNDERWRITING BROKING CEDAR RE BANKERS NK FRANCE NASCO DUBAI NASCO SAUDI NASCO QATAR
Who Are We An experienced and talented Multinational team with extensive Market Knowledge fully dedicated to secure clients needs and protect their interests. A solid platform for comprehensive Market data and industry information offering higher analytical capabilities thus a quality Reins solutions. Located in Paris, the Heart of the growing French reins market, we enjoy excellent ties and true partnerships with most Reinsurers of the continent.
Treaty Very strong presence in the Arab & Mediterranean markets NKF Treaty handles 1789 reins Contracts in 30 countries with Premium Turnover of more than $450M NKF enjoys a leading position in many markets namely UAE, Iran, Tunis, Lebanon, Jordan & Palestine. NKF has a strong reputation for its professional skills in designing and pricing XOL programs. NKF quotes the vast majority of xl programs from Arab markets, but also Greece, Turkey, Iran & other countries in the Balkan & Eastern Europe.
NKF Treaty Top 20 Territory Country Nbr Contracts Proportionnal Excess Of Loss % U.A.E. 183 181 31,89% IRAN 17 57 19,86% SAUDI ARABIA 47 52 6,95% LEBANON 104 69 6,53% MOROCCO 25 27 4,64% JORDAN 125 52 4,49% EGYPT 48 87 3,78% TURKEY 20 16 2,61% LIBYA 48 28 2,49% INDIA 39 96 2,21% TUNISIA 55 67 2,21% PALESTINE 14 10 1,84% SYRIA 45 33 1,75% ALGERIA 25 20 1,74% KUWAIT 29 14 1,59% GABON 4 10 1,36% OMAN 16 8 1,10% CYPRUS 3 6 0,75% IVORY COAST 2 11 0,45% BAHRAIN 5 3 0,39%
Fac Marine, Energy & Aviation Division NKF Marine Division handles a Premium Turnover of more than $80M NKF Marine Division has a strong expertise in Hull with a portfolio covering more than 4500 vessels. On the Cargo front, NKF team handles, among other commodities, Oil, Livestock, Liabilities & Rejection risks. NKF is also specialized in Airports liability, private Aircrafts, in addition to the placement of many fleets. On the Energy, we offer cedants access to Non UK Capacities.
Fac Non Marine Division NKF Non Marine Division handle a Premium Turnover of more than $95M for Accounts covering: Industrial & Commercial property Engineering & Decennial Liability Casualty: Including Medical Malpractice, Directors officers and Professional indemnity Financial including BBB & Jewelers Block Terrorism
NKF Fac Portfolio by COB Non Marine Portofolio Dist by COB Marine Portfolio Dist by COB Class of Business % Dist Class of Business % Dist FIRE 55,0% TPL 13,5% ENGINEERING 12,6% POLITICAL VIOLENCE 8,6% G.A. 5,7% BBB 3,1% W.C 1,0% LIVESTOCK 0,3% POLITICAL RISKS 0,3% HULL ENERGY CARGO AVIATION 62,0% 20,6% 14,5% 2,9%
NKF Fac Portfolio by Territory Country GULF COUNTRIES MIDDLE EAST ASIA ORIENTAL EUROPE WESTERN EUROPE NORTH AFRICA Black Africa AFRICA EASTERN EUROPE NORTH AMERICA FAR EAST Others % Dist 52,4% 14,9% 10,5% 7,9% 7,1% 4,7% 0,9% 0,7% 0,1% 0,1% 0,8%