REINSURANCE COVERAGE FOR NICL NON-MARINE CAT XOL TREATY

The Pakistan Reinsurance Company Limited in Karachi, Federal Government invites sealed electronic tenders from top-tier international and national reinsurance firms, brokers, and consortia for providing comprehensive Reinsurance Coverage for the NICL Non-Marine Catastrophe Excess of Loss Treaty. Operating under the administrative control of the Ministry of Commerce, this procurement represents a major state-backed structural risk management assignment executed through a Single Stage-One Envelope international competitive bidding procedure. The contractual scope of work demands the underwriting, structuring, and robust capitalization of non-marine catastrophic risk layers to insulate primary public sector portfolios against widespread natural or operational disasters. Eligible bidders must demonstrate exceptional international financial strength ratings, valid statutory clearances from relevant regulatory frameworks, and extensive global experience in catastrophic treaty management. All technical and financial bidding matrices must be compiled and successfully uploaded via the e-Pak Acquisition and Disposal System platform no later than 11:30 AM on 02 June 2026, where they will be opened systematically in full compliance with Federal PPRA guidelines.