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  Reinsurance

Reinsurance department is the key and the most important department in any general insurance company.  Reinsurance arrangements with professionally structured, dependable and financially sound reinsurers are absolutely essential. The role and strong support of reinsurers for the company is vital Reinsurance department is to ensure that first class reinsurance arrangements at minimum costs are available, both locally and abroad, to the Company.

Professional support and comprehensive reinsurance arrangements reduce the risks of insurance company in respect of claims incurred or expected to be incurred. Silver Star Insurance Company Limited has always remained successful to have support of world known financially and professionally supported first class and excellent reinsurance arrangements in the past as well as in the year 2011 and hopeful for future as well.  A brief profile of our current reinsurers is as:

REINSURANCE

BROKER / DIRECT

Reinsurers Rating

Rating
Rating Agency 
 
 

Mitsui Sumitomo Reinsurance Ltd.

Direct

AA
Standard & Poors

Hannover Re.

Direct

AA-
 
Standard & Poors 
 

The Toa Reinsurance Company Ltd.

Direct

A+
 
Standard & Poors 
 

Best Re (L) Limited

Direct

A-
 
A.M. Best 
 

Malaysian Reinsurance Berhad

J.B. Boda & Co. (s) Pte. Ltd.

A- 
 
A.M. Best 
 

Pakistan Reinsurance Company Ltd.

Direct

Considered "A" rated by SECP


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