Alfa Sigorta signs obligatory contract with a foreign reinsurer Gen Re
The insurance company Alfa Sigorta signed an obligatory contract on reinsurance with one of the largest reinsurance companies Gen Re (General Reinsurance AG).
According to the report of the financial structure, Alfa Sigorta attaches great importance to the development of international relations. Improving underwriting work through improving the quality of reinsurance protection, the company attaches great importance to the establishment of partnerships with reinsurers class A. In this regard it concluded obligatory reinsurance contract risks with Gen Re.
Gen Re is a part of Berkshire Hathaway; its capital is $ 14 billion.
Alfa Sigorta received a license to operate in 1997. Its sole shareholder is JSC Bank Technique.
The authorized capital is 7.78 million manat. The company provides more than 35 types of compulsory and voluntary insurance. - 17D-