Insurance Solutions

Coverage & Policy Structure

KPN Insurance Company DAC — Structured Protection for European Fixed Income Portfolios

Overview

Insurance Coverage for European Fixed Income Portfolios

KPN Insurance Company DAC provides structured insurance solutions for fixed income investors holding qualifying bond positions across multiple European jurisdictions.

Our coverage is designed to support clients investing in listed bond instruments issued or distributed through banking institutions and financial entities across Europe. Whether a portfolio is concentrated within a single institution or diversified across multiple European banks, each exposure is assessed and structured within a formal underwriting framework.

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Protection Tiers

Coverage Levels

Coverage limits are structured based on client classification and portfolio composition.

Private Clients

Up to EUR 100,000 per account for individual investors holding qualifying fixed income positions.

Joint Accounts

Up to EUR 200,000 for joint account holders investing in listed bond instruments.

Corporate & Institutional

Up to EUR 5,000,000 per insured structure — for corporates, family offices, and institutional investors.

For Diversified Portfolios, Coverage May Be:

Per-Bond Allocation

Coverage allocated individually to each bond position held

Multi-Position Structure

Protection structured across multiple positions within a portfolio

Layered Framework

Multi-policy or layered arrangements for complex portfolios

How It Works

Bond-by-Bond Underwriting Approach

Eligible Instruments

Coverage is considered exclusively for qualifying instruments that meet our criteria:

  • Fixed-rate bonds
  • Base bond instruments
  • Listed securities on recognised exchanges
  • Investments with verified ISIN numbers

Individual Assessment

Each bond position is independently assessed regardless of portfolio size:

  • Independently reviewed per position
  • Assessed by issuer and institutional exposure
  • Analysed within its jurisdictional framework
  • Underwritten on individual merits

Pan-European Reach

Coverage is not limited to a single jurisdiction and may be applied across institutions in:

  • Western Europe
  • Central Europe
  • Nordic regions
  • Other recognised European markets

Underwriting & Risk Allocation

Institutional Risk Transfer Model

KPN structures insurance placements through a panel of established European and international insurance and reinsurance providers.

Underwriting may involve:

  • Primary insurance carriers
  • Co-insurance arrangements
  • Reinsurance participation from global providers

This approach allows for diversification of risk, strong capital backing, and alignment with institutional underwriting practices.

Institutional underwriting and risk transfer

Policy Structuring & Placement

Each policy is structured on a bespoke basis, taking into account:

  • Number and type of bonds held
  • Distribution across European institutions
  • Jurisdictional considerations
  • Exposure concentration
  • Duration of the investment term

Policy terms are communicated directly to the client following full underwriting assessment.

Regulatory & Governance Framework

KPN Insurance Company DAC operates within a regulated environment under the Central Bank of Ireland.

The Solvency II framework establishes requirements relating to:

  • Capital adequacy
  • Governance and risk management
  • Supervisory reporting

Clients benefit from a controlled and transparent operating environment.

Important Notice

Insurance coverage is subject to underwriting acceptance, policy terms, conditions, exclusions, and eligibility criteria. Not all bonds, issuers, or institutions will qualify for coverage. Policy structuring, including limits and scope of protection, is determined following a detailed underwriting assessment and may vary depending on the nature of the portfolio and the referring relationship.

Next Steps

Discuss Coverage for
Your Bond Portfolio

Contact our team to explore a structured insurance solution tailored to your specific fixed income positions and risk profile.