Asian Reinsurance Corporation (Asian Re)

Société asiatique de réassurance
Corporación Asiatica de Reaseguros

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Contact Details

URL: http://www.asianrecorp.com/

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Founded

1979-05-28 Bangkok Thailand

History

28 May 1979, Bangkok (Thailand), as a joint project of E-XE3381 - UNCTAD and E-XE4177 - United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). Commenced operations in 1980.

Aims

Operate as a professional reinsurer accepting business from insurance markets in member States as well as other markets of the region or elsewhere, and retrocede its surpluses after net retention with priority given to national insurance and reinsurance markets of member States; invest a sizeable proportion of its funds within the region, provided that such investments meet with the requirements of sound insurance techniques; serve as a regional centre for collection of insurance information and development of expertise in insurance and reinsurance to be put at the disposal of national insurance markets of member States; provide technical assistance to national insurance markets of member States.

Activities

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Structure

Council of Members (usually meets once a year), each member government nominating one member on the Council. Management Board, consisting of Chairman, Vice-Chairman, President/CEO, Executive Vice-President and 2 elected representatives of Associate Members. Senior Management consists of President/CEO, Executive Vice-President, Senior Vice-President, Vice-President and 3 Administrative Officers.

Languages

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Staff

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Finance

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Relations with Inter-Governmental Organizations

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Members

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Type I Classification

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Type II Classification

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Subjects *

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UN Sustainable Development Goals **

GOAL 8: Decent Work and Economic GrowthGOAL 12: Responsible Consumption and Production

UIA Org ID

XF9736

Last News

2005

* Subject classification is derived from the organization names and aims.
** UN SDGs are linked to the subject classification.

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