- Country: Finland
- Summary: Reinsurance Services
- FIT Ref No: 58917713
- Deadline: 22 Nov 2021
- Financier: Self Financed
- Purchaser Ownership: Government
- Tender Value: Refer Document
- Notice Type: Tender
- Document Ref. No.: 537524-2021
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- Description:
- Document Type : Contract notice
Title : Reinsurance services
Reference Number : 2021/S 206-537524
Contract Type : Services
Description : The purpose of this call for tenders is to request tenders for excess of loss reinsurance contract for the year 2022 (1 January through 31 December, both days included), on Losses Occurring During basis.
The purpose of the contract is to indemnify the contracting authority for all losses sustained under its Patient Insurance portfolio, written in Finland in accordance with the Finnish Patient Insurance Act (Potilasvakuutuslaki, 948/2019). The Finnish Patient Insurance Centre publishes statistical data on patient injuries subject to the Patient Insurance Act, available at: www.pvk.fi. According to information available to FMPIC-s, patient injuries have never been covered by reinsurance contracts in Finland.
Tenderers may submit their tenders only as a consortium, comprising of at least three (3) members that are reinsurance carriers underwriting a share of the reinsurance. Each member of the consortium must underwrite at least five (5) per cent and no more than 50 per cent of the reinsurance, so that the reinsurance amounts to 100 per cent in total. This is necessary in order to minimise and manage the counterparty risks (Solvency II) related to the reinsurance in a cost-effective manner, considering the nature of the procurement as well as FMPIC-s operations and insurance portfolio.
66700000 - Reinsurance s... - Documents:
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CLICK HERE TO LOGINReinsurance Services - Finland Tender
The FINNISH MUTUAL PATIENT INSURANCE COMPANY, a Government sector organization in Finland, has announced a new tender for Reinsurance Services. This tender is published on FinlandTenders under FIT Ref No: 58917713 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2021-11-22.
The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.
