Asia Capital Re Wins Sixth ‘Insurance Company of the Year’ Award by The Asset12th July 2019
Singapore, 12 July 2019 – Asia Capital Reinsurance Group Pte. Ltd. (“Asia Capital Re”) has been recognised as ‘Insurance Company of the Year’ in The Asset Triple A Asset Servicing, Institutional Investor and Insurance Awards 2019. This is Asia Capital Re’s sixth win since 2012 for the category comprising general reinsurance in Asia.
The Asset’s annual awards honours insurance companies in Asia that have shown the most initiative and progress in building a sound investing model and operational framework that has enabled them to grow their business despite the challenging market conditions during the award coverage period of 1 January 2018 to 31 December 2018. In affirming Asia Capital Re’s investment performance in its 2019 Awards, the Asset’s Board of Editors and Benchmark Research team have once again shown an appreciation for the reinsurer’s agility in navigating difficult investment environments.
Asia Capital Re’s Chief Investment Officer, Mr Don Guo, said, “The ACR investment team is humbled by The Asset’s validation of our investment philosophy. Capital preservation and liquidity strength remained a key focus during the volatile investment climate, and our prudent and value-driven asset allocation strategy has consistently served us well. We are encouraged by this endorsement of our disciplined and conservative approach.”
Also commenting on the win, ACR Chief Executive, Mr Bobby A. Heerasing, said: “We are extremely proud of Don and his team for their consistent sector-leading performance. 2018 was not an easy year for those seeking to create value from the investment markets and our team has been able to navigate these challenging conditions through hard work, collaboration and a commitment to excellence.”
The Asset’s annual awards are one of Asia’s most distinguished benchmarks for investment excellence.
About Asia Capital Reinsurance Group Pte. Ltd.
Asia Capital Reinsurance Group Pte. Ltd. (“Asia Capital Re”) is a reinsurance solutions provider for large and specialist risks. Headquartered in Singapore, Asia Capital Re has strategic offices in select cities across Asia including Hong Kong, Taiwan, Japan, Korea, India, Malaysia and Vietnam.
Asia Capital Re is a wholly owned subsidiary of ACR Capital Holdings Pte. Ltd., a risk solutions provider that has ranked among A.M.Best’s top 50 global reinsurance groups since 2009.
For more information, please visit www.asiacapitalre.com or contact: