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 or A.M. Best A-. 

 

The largest reinsurance partners of Balcia Insurance in 2018/2019 (information updated 30.06.2018).

 

Reinsurers:

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
PEAK REINSURANCE COMPANY LIMITED A- A.M. Best Hong Kong
GENERAL INSURANCE CORPORATION OF INDIA A- A.M. Best India
SWISS RE EUROPE S.A. AA- Standard & Poor’s Luxembourg
TRUST INTERNATIONAL INSURANCE & REINSURANCE CO. B.S.C.(C) A- Standard & Poor’s Bahrain

 

Reinsurance brokers:

Brokerage company Service Place of registration (country)
Aon Versicherungsmakler Deutschland GmbH Reinsurance mediation Germany
Guy Carpenter & Company Ltd. Reinsurance mediation the UK