Corporate Profile
Dedicated to Asia’s reinsurance needs
Headquartered in Singapore and regulated by the Monetary Authority of Singapore, Asia Capital Reinsurance Group (‘ACR’) is the world’s first independent reinsurance group with an exclusive focus on serving clients in the fast-growing Pan-Asian region, extending from the Middle East, through China to Japan, and south to Australia and New Zealand.
Licensed as a composite reinsurer, ACR provides our clients with a combination of strong Asian dedicated capacity, global underwriting standards and expertise, as well as in-depth knowledge of the Asian insurance markets. Our management team and underwriters have held senior positions at leading global reinsurers and among them, possess a wealth of cumulative experience in reinsurance. Our specialist lines are aviation, casualty, group medical, motor, energy, engineering, marine and property.
Our shareholders are reputable global institutions who are committed to the long-term sustainability of ACR. We are capitalised at US$565 million and received an ‘A- (Excellent)’ rating from A.M. Best in November 2006 at inception. In November 2008, we were assigned a long term insurer financial strength rating and counterparty credit rating of A- from Standard & Poor’s.
We were named ‘Company Launch Of The Year’ in The Review’s 14th Worldwide Reinsurance Awards 2007, while our private placement was voted the ‘Most Innovative Deal – Equity’ in The Asset’s Triple A – The Asset Asian Awards 2006. We were also voted the “Newcomer of the Year” in the Reinsurance Readers’ Awards 2008.
Beyond Singapore, ACR presently has representative offices in Taiwan, India and Japan, and a branch office in Hong Kong. We also have two joint ventures, Asia Capital Reinsurance Malaysia Sdn Bhd and ACR ReTakaful Holdings Limited. ACR ReTakaful Holdings’ two wholly-owned operating subsidiaries in Bahrain and Malaysia together provide the world’s largest retakaful capacity and they underwrite both conventional as well as takaful business.