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