Insurance Coverage for PRCL Non-Marine CAT Main Program and Top Layers Treaties 2026-2027

Pakistan Reinsurance Company Limited (PRCL) Karachi is procuring insurance coverage for its Non-Marine CAT XOL Treaty including the Main Program and two Top Layers for the period 2026-2027. This tender invites eligible bidders to submit e-bids for comprehensive insurance coverage under non-proportional treaties. The scope includes the Main Program, Top Layer, and Private Layer with coverage tentatively from 1st September 2026 to 31st August 2027. The procurement is managed by PRCL's Retrocession department located at PRC Towers, M.T. Khan Road Karachi. Bidders must comply with the Public Procurement Rules 2004 and follow the Single Stage Two Envelope procedure. Detailed bidding documents, terms, and conditions are available on the EPADS portal version 2.0. The technical bids will be opened on the same day as submission. Eligible bidders should be registered with FBR and have relevant experience in insurance and reinsurance markets. The tender requires electronic submission only through EPADS by 29th July at 2:00 PM Pakistan Standard Time. Manual submissions will not be accepted. Contact details for queries include Taha Noor Khan, In-Charge Retrocession, reachable at phone 021-99202908-14. A practical tip for bidders is to carefully review the EPADS tutorial linked in the notice to ensure smooth registration and bid submission. Early preparation of the Earnest Money and CDR as per tender requirements will help avoid last-minute issues. This tender offers a significant opportunity for insurance firms specializing in catastrophe excess of loss treaties to engage with a leading government reinsurance company in Karachi.