Prestige Assurance is very sensitive to its Customers’ risk financing quantitative and security; hence we place a high premium on the ideals of reinsurance. Our insurance policies are cautiously backed up with first class reinsurance arrangement. We have maintained a good partnership with several Reinsurance companies of high standing and rating both locally and internationally.

Below is our class-wise capacity with potential for increase and Ratings of our Security list:

CLASS

CAPACITY  

FIRE

8,800,000,000

ENGINEERING

3,025,000,000

MARINE CARGO

3.130,000,000

GENERAL ACCIDENT

3,300,000,000

AVIATION

  1,000,000,000

OIL & ENERGY

5,000,000,000

BOND

     100,000,000

MARINE HULL

2,760,000,000

MOTOR

       10,000,000

 

REINSURERS AM BEST S& P OTHERS
African Reinsurance Corporation A- A-  
Continental Reinsurance Plc B+    
Emirates Re A- A-  
Ghana Re B    
GIC Re India A-    
PTA Re Kenya B+    
Hannover Re A-    
Barbican Energy Consortium A A+  
Aegis A A+  
Antares A A+  
Brit Global A A+  
NOA Syndicate A A+  
Partner Re Ireland   A+  
Skuld A A+  
Starr Ins & Re London A    
Aspen A A+  
Nigeria Re     BBB+ (GCR)
SCR Morocco B++ BBB+  
Zep Re B+    
MISR Insurance, Egypt B++    
Tunis Re B+    
Kenya Re B+    
New India Re A-