Product/Service

Environmental Insurance Product

Source: U.S. RE Corporation

The new environmental insurance will be offered to Producers, Importers, and Distributors (PID's) of larger consumer goods in Sweden
An Environmental Insurance Product has been launched by one of the largest Swedish insurance companies, the LF Group. The new environmental insurance will be offered to Producers, Importers, and Distributors (PID's) of larger consumer goods in Sweden. PID's are responsible for the proper handling and recycling of the products at the time when the products are scrapped and recycled. The purpose of this new insurance is to relieve the policyholder of the open-ended liability that a PID may encounter. U.S. RE - Europe, in cooperation with the LF Group and a number of selected reinsurers, has developed a reinsurance structure that grants the client protection for the overall result of operations.

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