Liability Reinsurance Municipality of Amsterdam
VGA is seeking reinsurers for the liability risks of the Municipality of Amsterdam via three lots. The agreement has an initial term of three years with a possibility for extension.
Services · Open · European procedure · SME-friendly
01What is being requested
The assignment concerns a pure claims-made reinsurance for the liability risks of the Municipality of Amsterdam and associated organizations, divided into three lots with a term of 3 years.
N.V. Verzekeringsbedrijf Groot Amsterdam (‘VGA’) requests a pure claims-made reinsurance for the liability risks of the Municipality of Amsterdam and/or affiliated and associated organizations and/or participations.
02Breakdown by lot
Per-lot values not published — bars show only the lot breakdown.
03Strategic insight
Ensure a competitive bid based on a percentage of sum insured (promillage) or a fixed amount. Take into account the specific claims-made definition and the run-off risk provisions. Note the loss ratio clause which allows for premium revision.
04Points of attention
05Can I take part?
06Exclusion grounds
- No specific exclusion grounds were extracted. In a European tender, the mandatory and discretionary grounds of art. 2.86/2.87 of the Dutch Procurement Act almost always apply — check the European Single Procurement Document (ESPD).
07Award criteria
The annual premium must be quoted by means of a percentage of sum insured (promillage), a fixed amount and/or an amount per inhabitant.
08Value in context
The contracting authority did not publish an estimated value — common for a large share of contracts. The EU threshold for diensten is € 221.000, for reference.
09Likely competitors
10Tender documents
11Legal themes that may be relevant here
12Frequently asked questions
What is the purpose of the requested reinsurance?
What are the coverage terms and limits for property damage and/or bodily injury in Lot 1?
What coverage applies to financial loss within the first lot?
How is the total maximum coverage distributed across the lots?
Automatically compiled from the official tender data and documents.
13Estimated value versus the market
€ 200K
€ 538K
€ 1,9 mln
Gegunde waarden in CPV 66 · diensten n=882