Per Occurrence Catastrophe
The Per Occurrence Catastrophe treaty protects the primary insurer from an accumulation of retained losses that arise from a single catastrophic event.
Catastrophe Aggregate
The Catastrophe Aggregate treaty provides protection to the primary insurer from an accumulation of retained event losses that exceed a specified threshold during the treaty term.
Supplemental Overlying Cover (SOC)
The SOC treaty provides coverage for two or more Farm Bureau® companies with non-correlated exposures to gain significant cost efficiency at the very top end of their catastrophe programs.
Over Other Protections (OOPS)
OOPS is a shared cover created exclusively for catastrophe clients of AmericanAg®. OOPS is a time-tested and innovative vehicle for Farm Bureau® companies to purchase high attachment point protection from a high quality, established panel of reinsurers for less than stand-alone coverage can be purchased.