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

Pakistan Reinsurance Company Limited (PRCL), under the Ministry of Commerce, Government of Pakistan, Karachi, invites eligible bidders to submit E-bids for insurance coverage of its Non-Marine CAT XOL Treaty programs for the period 01-09-2026 to 31-08-2027. This tender specifically covers the Main Program and two Top Layers Treaties under non-proportional risk coverage. Items being procured: - Non-Marine CAT XOL Treaty (Main Program) - Non-Marine CAT XOL Treaty (Top Layer) - Non-Marine CAT XOL Treaty (Private Layer) The scope involves providing insurance coverage for catastrophic non-marine risks under excess of loss treaties. Bidders must be capable of underwriting non-proportional reinsurance treaties and comply with PRCL’s regulatory and technical requirements. The tender is conducted under the Single Stage Two Envelope procedure as per Public Procurement Rules 2004. Eligibility criteria include valid registration with FBR and ATL, proven experience in reinsurance underwriting, and compliance with all regulatory guidelines. Bidders must submit their technical and financial bids electronically through the EPADs version 2.0 platform by the deadline. The submission deadline is **29th July 2023 at 02:00 PM Pakistan Standard Time**, with technical bids opening at 02:30 PM the same day. Manual submissions will not be accepted. Interested bidders can access detailed terms, conditions, and specifications at https://vendors.epads.gov.pk/. For assistance, a tutorial video is available at https://www.youtube.com/watch?v=MNW6T38v7tc. A practical tip for bidders is to ensure timely registration and submission on the EPADs portal to avoid last-minute technical issues. Early preparation of the Earnest Money and CDR documentation as per PRCL’s requirements will facilitate smooth bid processing.