Partners
APRIL International – International Assistance for Travel Life and Health Insurance
APRIL International, part of the renowned APRIL Group, provides travel health insurance and international medical assistance, with global coverage and advanced digital services.
As our international partner, APRIL International delivers professional assistance and efficient management of claims for Travel Life and Health Insurance.
Swiss Re – Reinsurer
Reinsurance provides insurance companies—known in this case as ceding companies—with a wide range of benefits. It helps reduce the net financial liability for each specific risk and offers protection against major losses that may result from catastrophic events such as earthquakes, floods, or other large-scale disasters.
In addition to loss protection, reinsurance enables these companies to expand their capacity to underwrite more policies—not only in terms of quantity, but also in terms of the variety and complexity of risks. This allows them to operate with greater security, flexibility, and financial stability, even when facing unforeseen situations.
Swiss Re, one of the largest and most renowned reinsurance companies in the world, is SiCRED’s reinsurance partner. Headquartered in Zurich, Switzerland, and with a history dating back to 1863, Swiss Re provides coverage and reinsurance solutions to insurance companies worldwide, ensuring financial stability and protection against major risks.
Swiss Re ratings:
| S&P (07.11.2024) | MOODY’S (20.11.2024) | A.M. Best (26.09.2024) | |
|---|---|---|---|
| SWISS RE | AA- (very strong) / Stable | Aa3 (excellent) / Stable | A+ / Stable |
QBE Re – Reinsurance
Since 2017, SiCRED has been collaborating with QBE Re in reinsuring some of the largest written risks. QBE insurance group was founded in 1886 and quickly launched offices in Europe, America and Asia. QBE is one of the top 20 insurers and reinsurers globally.
QBE Re (Europe) Limited provides reinsurance services worldwide. It offers property, casualty, specialty, and life reinsurance services. Life services and underwriting is done through QBE Re Brussels Office. QBE acquired Brussels office (previously named Secura Re) in 2010. This office was founded in 1946.
Up to end 2018, the QBE European Operations division was based in London. Due to the Brexit, QBE decided to create a new European division based in Brussels. QBE Re (Europe) Limited became a subsidiary of the QBE Europe SA/NV company as from 01.01.2019.
Ratings of QBE Re (Europe) Limited:
| S&P (31.05.2022) | Fitch Ratings (07.12.2021) | AM Best | |
|---|---|---|---|
| QBE Re (Europe) Ltd | AA- Stable | A+ Positive | A Stable |
The partnership between SiCRED and QBE Re was intermediated through JLT Re.
Alwen Hough Johnson Ltd. – Reinsurance broker
Alwen Hough Johnson Ltd. was established in 1973 by Roger Alwen, John Hough and David Johnson as a leading Lloyd’s Broking House based in the heart of the City of London. AHJ is an FCA regulated firm specialising in all forms of Marine and Non-Marine Reinsurance as well as Specialist Wholesale Direct Insurance. AHJ remains 100% privately owned with the majority of shares held by management and employees, both past and present. The absence of external shareholders enables better market cycle management whilst maintaining levels of Client service, and the ability to invest in the future.
From July 2020, AHJ is a reinsurance broker for SiCRED sh.a., intermediating the reinsurance of large risks.
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