A very
important part of an insurance company’s evaluation is its
reinsurance program and the quality of its reinsurers. The SIA
Insurance Company (RRG) Ltd. has enjoyed the support of the same
reinsurance underwriters for many years. For the past 18 years
the company has purchased its insurance in the London insurance
marketplace, with the bulk of its reinsurance supplied by syndicates
located in the Lloyds of London market.
The company
has been fortunate in that it has utilized the same primary reinsurance
carrier for the past 18 years. We value our relationships with
our reinsurers and maintain a close working relationship with
our underwriters.
All reinsurers
are rated A or better and many are further supported by the Lloyds
of London central guarantee fund. These reinsurers absorb a large
portion of any large claims thus softening the financial impact
on the SIA Insurance Company (RRG) Ltd.
Due to
the long term support the SIA Insurance Company (RRG) Ltd has
been able to offer our insured’s consistent and stable insurance
company. We look forward to that continuing for many years.
