Reinsurance

Our risk assessment has proven to be a winning combination of a prudent approach and strategic business thinking.

Balcia Insurance applies a conservative risk reinsurance policy. Not just reinsurers are involved in reinsuring large exposures — additional reinsurance is established for protection from potential loss accumulation. Balcia has quota share and excess of loss reinsurance agreements where the retained share is established per object and per event.

Risks are diversified by distributing them among several reinsurers. Balcia Insurance works with only established international reinsurance companies of flawless reputation. Their rating cannot be lower than Standard & Poor’s BBB-. Practically all reinsurance is placed with reinsurers having a rating not lower than Standard & Poor’s or A.M. Best A-. 

 

The largest reinsurance partners of Balcia Insurance in 2017 (information updated 30.09.2017).

 

Reinsurance:

Reinsurer Reinsurer’s rating Rating awarding agency Reinsurer’s place of registration (country)
VIENNA INSURANCE GROUP AG WIENER VERSICHERUNG GRUPPE

SWISS RE EUROPE S.A.

R+V VERSICHERUNG AG

BARENTS RE REINSURANCE COMPANY INC.

PEAK REINSURANCE COMPANY LIMITED

A+

AA-

AA-

A

A-

Standard & Poor’s

Standard & Poor’s

Standard & Poor’s

A.M. Best

A.M. Best

Austria

Luxembourg

Germany

Panama

Hong Kong

Reinsurance brokers:

Broker Place of registration (country)
AON Benfield
General Broker International SRL
Germany
Italy