We offer a variety of reinsurance services to our partners:
Property and Casualty, Marine, Life, and Medical.
The Re-Takaful window was launched in year 2011, offering to our partners Islamic Sharia compliant covers.
Arab Reinsurance Company’s primary mission is to provide secure and reliable capacity to the regional insurance companies.
We focus on meeting our clients’ reinsurance needs, while assisting in structuring &/or restructuring their treaties’ programs. We are keen to offer our established facilities on need basis to support our clients in providing automatic capacity for facultative businesses, as well as other added value services such as training, access to monitoring tools and benchmarks, and other general actuarial services.
Our book of business covers mainly the MENA region and Turkey, in addition to some selective Asian countries, and it is made up mainly of non-life including but not limited to property, engineering, casualty and marine; whilst on the life and medical side, we do write/quote all kind of individual life, group life, group credit life and medical schemes. We are prudent in our underwriting approach, as we believe in sustainability and long-term profitability. 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.
In view of the continuous developments of our markets, notably the establishment of several new takaful companies and ongoing, we are still emphasizing on our retakaful window established in 2012, with its shariah compliant services.
The main two pillars of establishing Arab Retakaful window are to meet our partners’ need for retakaful support and expertise as part of our commitments to promote genuine takaful operations, within our underwriting territorial scope.
Arab Reinsurance Company’s Shariah Board encompasses academics with vast knowledge and experience.
Finally, we must honor our clients for their continuous support and trust, in addition to their recognition of our prompt claims’ payment ability under all 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 sustain our philosophy and maintain clients’ confidence in our establishment.