Re-Insurers

Re-Insurers


Major Ten Reinsurers

Retention of Risk Under Classes of Insurance

Reinsurer CR: AM Best CR: S&S Country of Origin
Swiss Reinsurance Company AA AA– Switzerland
Munich Reinsurance Company AA AA- Germany
Hannover Re AA AA- Germany
SCOR Reinsurance AA- AA- France
Lloyd’s London A+ A+ United Kingdom
Toa Reinsurance Company Limited A+ A+ Japan
Odyssey Reinsurance Corporation A+ A- USA
Echo Reinsurance Ltd A- Switzerland
China Reinsurance (Group) Corporation A A China
Mitsui Sumitomo Insurance Co. Ltd AA A+ Japan

The security rating of all Reinsurers are in compliance with the minimum security guidelines issued by the Insurance Regulatory Commission of Sri Lanka dated 28. 1 0.20’16.


Major Ten Reinsurers

Class Maximum Net Retention per event including Catastrophic events
Fire including Consequential Loss & Engineering 40,000,000/-
Personal Accident including Travel Insurance 10,000,000/-
All other Miscellaneous classes 5,000,000/-
Marine Cargo & Marine Hull 15,000,000/-
Motor Insurance including Third Party Liabilities 20,000,000/-
lnternational Health USD 200,0001 p.p
Strike, Riots & Civil Commotion Nil
Terrorism Nil

Ensure to insure your vehicle to the current Market Value and your Property to the Reinstatement Value. Please refer our Average Clause in your policy for additional details.