The Group's principal activity is to provide insurance and reinsurance coverage for natural and man-made catastrophes. It operates in two segments: Reinsurance operations and Individual risk operations. The Reinsurance segment provides property catastrophe reinsurance, specialty reinsurance to selected insurers and reinsurance through their ventures unit on a worldwide basis. The Individual risk segment provides insurance for commercial and homeowner's catastrophe-exposed property business and also provides reinsurance on a quota share basis. The coverage protects against natural catastrophes such as earthquakes and hurricanes and other natural calamities and man-made catastrophes such as winter storms, freezes, floods, fires, tornadoes and explosions. On 02-Jun-2008, the Group acquired Agro National LLC.
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