The Engineering Department is working since the PRCL’s establishment. The Engineering Department specializes in reinsurance coverage of the following risks to the local insurance market including M/s. National Insurance Company (NIC) through treaty agreements and facultative placements.
- Property Damage
- Business interruption
- Machinery breakdown/Boiler
- Contractor All Risks (CAR)
- Erection All Risks (EAR)
- Third Party Liability (TPL)
It provides the engineering risks coverage to the following major clients and helps in reconstructing the infrastructure across the country and promoting industrialization.
- Pakistan Arab Refinery Limited (PARCO)
- Pak Arab Pipeline Company Limited (PAPCO)
- Kot Addu Power Company Limited (KAPCO)
- Oil & Gas Development Company Limited (OGDC)
- Control of wells
- Qadirpur Gas Plant
- UCH Gas
- Sarhad Hydel Power Project
- Chashma Nuclear Power Project