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.
The largest reinsurance partners of Balcia Insurance in 2019 (information updated 31.12.2019).
|Reinsurance companies||Reinsurer’s rating||Rating awarding agency||Reinsurer’s place of registration (country)|
|VIENNA INSURANCE GROUP AG WIENER VERSICHERUNG GRUPPE||A+||Standard & Poor’s||Austria|
|SWISS RE EUROPE S.A.||AA-||Standard & Poor’s||Luxembourg|
|GENERAL REINSURANCE AG||AA+||Standard & Poor’s||Germany|
|PEAK REINSURANCE COMPANY LIMITED||A-||A.M. Best||Hong Kong|
|SCOR SE||AA-||Standard & Poor’s||France|
|Brokerage company||Service||Place of registration (country)|
|Aon Versicherungsmakler Deutschland GmbH||Reinsurance mediation||Germany|
|Guy Carpenter & Company Ltd.||Reinsurance mediation||the UK|