Torque is a global structured cell risk financing facility designed for sophisticated corporate risk managers who want greater control over their cost of risk. The objective is simple:
RETAIN
more.
TRANSFER
less.
OPTIMISE
the total cost of risk.
ABOUT TORQUE
Torque brings together a carefully selected group of insured organisations with aligned risk management standards and collective risk-sharing objectives. Through a structured cell model, participants access the economic benefits of captive ownership — without the complexity or cost of forming their own captive.
At its core, Torque is built on three principles:
STRUCTURED RISK RETENTION
INTELLIGENT RISK TRANSFER
COLLECTIVE ECONOMIES
ABOUT TORQUE
Torque brings together a carefully selected group of insured organisations with aligned risk management standards and collective risk-sharing objectives.
Through a structured cell model, participants access the economic benefits of captive ownership — without the complexity or cost of forming their own captive.
At its core, Torque is built on three principles:
STRUCTURED RISK RETENTION
Participants retain more of their own risk through disciplined divisional and group retention structures.
INTELLIGENT RISK TRANSFER
Pricing is optimised through advanced modelling and portfolio diversification.
COLLECTIVE ECONOMIES
Torque creates economies of scale and reduces volatility across the portfolio.
BENEFITS
Torque is not conventional insurance; it is a strategic risk finance platform. Its key benefits include the following:
Reduction in
Overall Cost of Risk
Through structured retention, surplus accumulation and long-term capital efficiency, Torque is designed to sustainably reduce and smooth total cost of risk over the market cycle — not just annual premium.
Access to Captive-type Advantages
Participants benefit from captive participation economics without establishing or capitalising their own standalone vehicle.
Economies of Scale & Risk Diversification
Collective participation spreads volatility, improves negotiating leverage and enhances capital efficiency.
Surplus
Accumulation
Favourable loss performance contributes to strategic reserve growth within the structure, smoothing volatility and improving long-term sustainability.
Advanced Modelling & Quantitative Analysis
Sophisticated loss analytics optimise the most favourable position between retention and transfer, supporting informed capital allocation decisions.
Balance Sheet
Protection
A-rated international reinsurance markets provide robust capacity and security.
Strategic Flexibility in Hard Markets
Torque supports: increased retentions where appropriate; improved reinsurance negotiations; premium stabilisation during volatile market cycles.
Exclusive
Participation
Strict qualification criteria ensure peer-aligned risk standards and disciplined portfolio construction.
KEY FACTS AND FIGURES
19
Insured members
$15bn
Values insured
across Property and Business Interruption exposures
23
Global territories
13
Diversified industries
$170m
Claims paid over six years
HOW YOU CAN PARTICIPATE
Torque is available to organisations that meet defined underwriting and risk management criteria.
Step 1:
Qualification Assessment
A review of loss history, risk management maturity, financial profile, risk exposures and geographic footprint.
Step 2:
Quantitative
Modelling
Advanced analysis determines optimal:
Divisional deductible
Group retention
Reinsurance layer structure
Step 3:
Structured
Participation
Participants enter the collective facility through aligned cell participation within the Torque structure.
Governance is achieved through a Membership Protocol detailing the rights and obligations of participants.
Step 4:
Ongoing Risk Optimisation
Annual review of:
- Retention strategy
- Reinsurance structure
- Surplus (accumulation versus distribution)
- Policy and coverages
FREQUENTLY ASKED QUESTIONS
Torque is designed for organisations seeking a long-term risk finance partnership — not transactional insurance purchasing.
Torque is a structured cell facility that provides access to captive economics without requiring participants to establish or capitalise their own standalone captive.
Global corporates with mature risk management frameworks seeking to optimise retention and reduce volatility over time.
Participants retain risk within defined parameters while benefiting from portfolio diversification and collective economics.
Bermuda, renowned for being the second largest insurance, reinsurance and captive centre globally. The island licenses over 1200 insurer and captive structures and writes + USD 300bn in annual gross premiums.
Norfolk Re is licensed and regulated by the Bermuda Monetary Authority.
Eikos Risk Capital is incorporated in England and regulated by the Financial Conduct Authority.
Yes. Risk transfer is supported by A-Rated international reinsurance markets.
Traditional insurance transfers risk annually. Torque strategically balances retention and transfer to reduce long-term cost of risk and build surplus over time.
Yes. Torque is structured to support multinational insureds across multiple jurisdictions.
Currently the facility covers Property Damage/Business Interruption and Political Violence (Terrorism, Sabotage, War) perils.
Torque’s structured retention and reserve philosophy is specifically designed to smooth volatility and mitigate market cycle disruption.
A key practical advantage of the Torque programme is that it is retail broker-agnostic. Torque participation does not require a change of or change to a specific retail broker.
MANAGING CONSULTANTS
Eikos provides end-to-end risk financing consultancy and oversees the management of the Torque facility and insurance programmes, ensuring alignment with its strategic objectives. This includes advanced risk analytics, loss modelling, and programme design, alongside coordination with Norfolk Re, reinsurance brokers, and insured members.
Norfolk Re provides the specialist risk retention facility for Torque and is the primary insurer to the members enabling access to global reinsurance market capacity.
Norfolk is responsible for the allocation of participation across members, including premiums, retained risk, and the distribution of any underwriting surplus, ensuring a fair and transparent framework for all member participants.
Norfolk ensures the Torque facility is appropriately funded, maintaining the necessary premium reserves and capital to meet all statutory solvency requirements.
CONTACT
Please contact us for more information about Torque and to enquire about participation for your organisation or your clients if you are a broker.