Claims Paying Ability
Since our core business is providing high value life insurance solutions, we understand the need to demonstrate significant financial strength and the very best claims paying ability.
To provide clients with peace of mind at all times, we reinsure all our policyholder risks with a panel of leading global reinsurers. Each reinsurer has been carefully selected for their financial strength, claims payment ability and high levels of capacity.
Good governance and regulatory compliance is of paramount importance to us and we adopt a number of globally recognised best practices and observe the standard codes of conduct of the global life insurance industry.
Our policy administration systems have been designed to provide a structured and consistent approach to risk management and our compliance culture ensures that we follow all relevant internal and external directives on behalf of our policyholders.
Working with well established reinsurers also gives us access to the very latest global pricing, medical and research updates to ensure that we are able to deliver ongoing service excellence and long term security for all our policyholders.
Munich Re Group is one of the world’s leading risk managers. Founded in 1880 in Germany, the company is active on a global scale and one of the largest global reinsurers. As at 31 December 2024, Munich Re had annual life reinsurance revenues of approximately €11.5 billion. The financial strength of the Munich Re Group is currently rated AA by Standard & Poor’s and A+ by A.M.Best. Munich Re is listed on the German Stock Exchanges.
Swiss Re is a leading and highly diversified global reinsurer and is headquartered in Zurich, Switzerland where it was founded in 1863. As at 31 December 2024, Swiss Re had annual life reinsurance revenues of approximately US$17.1 billion. The financial strength of the Swiss Re Group is currently rated AA- by Standard & Poor’s and A+ by A.M.Best. Swiss Re is listed on the Zurich Stock Exchange (SREN).
For further information please visit www.swissre.com
General Reinsurance Africa Ltd is a wholly owned subsidiary of General Reinsurance AG (GenRe), incorporated in Germany. The company’s ultimate holding company is Berkshire Hathaway Inc, which is incorporated in the USA. GenRe has $17.7 billion in capital and $13.5 billion in net premiums written. The Berkshire Hathaway family of companies has earned superior financial strength ratings from each of the major rating agencies. Their S&P Claims Paying Ability Rating is AA+ and A.M.Best rating is A++.
Reinsurance Group of America (RGA) is one of the largest global life and health reinsurers in the world and was established in 1973. They have operations in 26 markets. As at 31 December 2024, RGA had annual life reinsurance revenues of approximately US$17.8 billion. The financial strength of the RGA Group is currently rated AA- by Standard & Poor’s and A+ by A.M.Best. RGA is listed on the New York Stock Exchange (RGA).
For further information please visit www.rgare.com
Arch Re is a leading diversified reinsurer, with operations in most major global insurance centres. Arch Re’s parent company, Arch Capital Group Ltd, is based in Bermuda and listed on the New York Stock Exchange (ACGL) with US$23 billion in capital at 31 December 2024. Arch Re has financial strength ratings of A+ from Standard & Poor’s and A+ from A.M.Best.
