Underwriting Philosophy
Arab Reinsurance Company’s primary mission is to offer secure and stable capacity to the regional insurance companies.
We focus on meeting our clients’ reinsurance needs, while assisting in setting the proper and fair retentions through treaty restructuring. We are keen to offer our established facility on need basis to support our clients in providing capacity on facultative business, as well as added value services; our dedicated services encompassing: training, access to monitoring tools and benchmarks, products development and pricing, and other general actuarial services.
Arab Reinsurance Company’s book of business is made up mainly of property, engineering, casualty and marine; however, our new philosophy is to extend our capacity to write life and medical risks. We are prudent in our underwriting approach as we believe in sustainability and long term profit. Our approach is based on a more in-depth analytical procedure that relies on dissecting the data to come up with the proper solution towards increasing our client’s profitability as well as ours.
Finally, we must honor the continuous support we are getting from our clients, in addition to their recognition of our prompt claims payment ability even in the hardest of circumstances. This was achieved via a competent specialized technical team enjoying top academic and professional backgrounds, as well as a streamlined management that is aware of its responsibilities and dues in order to strengthen the clients' confidence in our company.