We operate under a banner of integrity, employing nothing but the highest standards of ethics and professionalism in everything we do.
Reinsurance
Reinsurance plays a vital role in the insurance field. It follows the principle of distribution of risks.
In simple terms, it can be explained as insurance cover taken by an insurance company.
The principle of insurance is based on "Spread of Risk", which is equally applicable to reinsurance. If an
insurance company retains all the insurance risks underwritten by them, it may lead to collapse of the company
if the losses are more than the shareholders Equity. Considering this aspect, the insurance companies opt for
the shift of their burden partially or fully which is calculated by taking into account various factors like
type of risk, sum insured, location of risk, concentration of risks in a locality, etc.
We work closely with our reinsures sharing ideas and experience, with the view of forming a long term partnership
which in turn will be beneficial to our clients and ultimately strengthen our position as leading risk carriers.
Our progress towards achieving aspirations and goals will continuously be monitored.
