The purpose of Worldwide Reinsurance Limited can be summed up in the following:
1. To provide a market for Insurance Companies to co-insure or re-insure risks in excess of their Treaty Limits.
2. To provide a market for the coinsurance of risks which would have been uninsured or underinsured because of size or economic value.
3. To assist Insurance Companies develop a most profitable mix of retention and commission receivable.
4. To assist retail brokers in the turnaround time with Overseas Risk Placements
5. To provide an exclusive non-competitive environment for Insurers and Retail Brokers to place business as Worldwide Reinsurance Limited will not be open to the Public.