PJSC “European Insurance Alliance” has renewed the reinsurance program for 2025, the main partner of which remained Hannover Re (Hannover Ruck SE, Germany) – one of the leading global reinsurers, which has a high international reliability rating A+ (Superior) from A.M. Best.
According to the press-release of the insurer, the combined obligatory reinsurance contract is prolonged on terms of risk excedent of loss. It covers all losses under contracts of insurance or facultative reinsurance of property, engineering risks, cargo risks, liability risks and hull insurance.
The program covers both commercial and private insurance objects in accordance with the general terms and conditions of insurance products and original insurance contracts.
Risks that are not covered by the aforementioned obligatory contract are reinsured on a facultative basis.
“The prolongation of the obligatory program with a reputable European reinsurer is a step towards further strengthening our position in the market. Long-term and fruitful cooperation with Hannover Re is a sign of stability and mutual trust”, – said Marina Voronyanskaya, Chairman of the Board of IC ‘European Insurance Alliance’.
PJSC “European Insurance Alliance” has been working in the insurance market of Ukraine since 1994, is a member of the Motor (Transport) Insurance Bureau of Ukraine, League of Insurance Organizations of Ukraine and Nuclear Insurance Pool of Ukraine.
The company has the NBU License for 16 classes of insurance, in particular, property insurance, land transport, liability, health insurance, etc.