Reinsurance Trust Services
Why choose an
• Improved Credit Availability
– an insurance trust has
no adverse impact on your
• Cost Effective – insurance trusts
generally save you in annual
fees compared to other forms
of collateral posting options.
• Convenience – insurance trusts
are tri-party arrangements that
require no annual renewals.
• Reduced Liability Concerns
– insurance trusts may limit
the range of acceptable
investments; this is done
to ensure adherence to all
Reinsurance Collateral Trusts
The limitations and costs associated with traditional collateral options such as Letters
of Credit have dramatically fueled the growth of alternative risk transfer strategies
amongst insurers, reinsurers, captives and corporations. Fluid regulatory, financial and
risk management environments demand lower-cost collateral solutions – solutions
that afford maximum flexibility with minimal effort to set-up and maintain.
It’s a need that has given tremendous traction to the insurance-linked securities
(ILS) market and in particular the emergence of reinsurance collateral trusts.
The SunTrust advantage
SunTrust has a long history of escrow, trust and risk management excellence and
expertise, with both domestic and international coverage. We work with large and
small carriers alike to help mitigate risk for their insurance business needs.
Our collateral trust product at SunTrust can help you with the following
• Reinsurance/Collateralized Reinsurance
• Regulation 114 Trusts
• Surety Bonds
• State Statute Trusts
• Collateral/Depository Accounts
Our expertise, however, is only one aspect of what differentiates our reinsurance
trust business from other firms. Additionally, we excel because of:
• A Dedicated Single Point of Contact – we steadfastly believe in the value of a
dedicated client manager who knows the unique challenges of your business
and quarterbacks your relationship with the bank.
• Rapid Response Times – while other banks can take weeks to respond,
SunTrust can typically resolve covered loss requests in a matter of 24-48
hours; and because we’re a custodian for the collateral that secured the
contract, insurers get paid immediately.
• Operational Efficiencies – from pre-arranged agreements with major
insurance carriers to streamlined onboarding and KYC processes, our
knowledge of the reinsurance trust business helps ensure that things are
done right and done fast.
To find out more about how SunTrust can support and enhance your reinsurance
business, please contact:
SVP, Business Development
VP, Client Management
SVP, Business Development