Reinsurance
Reinsurance represents the main instrument of an insurance
company for transferring assumed risks, homogenising them
and getting financial stability, in order to protect its
personal activity and implicitly its clients and partners.
It consists in total or partial cession of the initially
assumed risks by GARANTA, to specialised reinsurance companies,
thus dowering the company with supplementary capacity of
accepting new risks, retaining by its own account only
the part of the risk it may support according to its equities.
Reinsurance plays a very important role in the policy
and strategy of our company on a medium and long run. In
this respect, to ensure a level of real protection, we
carry on a complex and well-structured reinsurance program,
whose leader is Mapfre Re, prestigious reinsurance company
on the international market.
Reinsurance contracts:
1. Proportional reinsurance treaties
• Motor insurance
• Property insurance
• Transport
insurance
• Liability insurance
• Credit
insurance
• Personal accident insurance
• Life
insurance
2. Excess of Loss Reinsurance Treaty for catastrophic risks.
3. Facultative Reinsurance Contracts
for major risks.
Reinsurance companies with whom GARANTA signed contracts:
• AXA INSURANCE GREECE - Grecia (www.axa-insurance.gr)
• CHAUCER UNDERWRITING A/S - Danemarca (www.chaucerplc.com)
• ETHNIKI - Grecia (www.ethniki-asfalistiki.gr)
• GEN RE - Austria (www.genre.com)
• HANNOVER RE - Germania (www.hannover-re.com)
• KOREAN RE - Corea (www.koreanre.co.kr)
• LLOYD'S - Anglia (www.lloyds.com)
• MAPFRE RE - Spania (www.mapfrere.com)
• MUNICH Re - Germania (www.munichre.com)
• POLISH RE - Polonia (www.ptr.com.pl)
• SCOR GLOBAL P&C - Germania (www.scor.com)
• SCOR GLOBAL LIFE - Austria (www.scor.com)
• SIRIUS INTERNATIONAL - Germania (www.siriusgroup.com)
• SWISS Re - Switzerland (www.swissre.com)
• SWISS Re - Elvetia (www.swissre.com)
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