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Asia Capital Reinsurance Group Pte Ltd (‘ACR’) was established in Singapore in November 2006. It is the first independent, reinsurance group with an exclusive focus on serving clients in the fast-growing Asian region.

ACR provides businesses with best-in-class solutions and services in large risk underwriting. Specialist lines include aviation, marine, energy, property, engineering and casualty. Clients also benefit from its international expertise, as well as in-depth knowledge of the needs and dynamics of the insurance markets across Asia.

With a strong equity capital of USD620 million*, ACR is well positioned to help its clients compete and succeed in the marketplace through the efficient management of their risks.

ACR’s shareholders are reputable global institutions who are committed to the long-term sustainability of ACR. They include: Khazanah Nasional Berhad; 3i Group plc; Och-Ziff Capital Management; Morgan Stanley Private Equity; Credit Suisse Private Equity and Worldwide SICAV.

As a result of its strong capitalization, experienced management team, solid risk management capabilities and the ability to attract highly experienced underwriters, ACR received an initial financial strength rating of A- (Excellent) from AM Best – the world’s leading credit rating company, garnering one of the highest ratings among Asian reinsurers. This financial rating was re-affirmed by AM Best in December 2007.

In addition, ACR was named ‘Company Launch Of The Year’ in The Review magazine’s 14th Worldwide Reinsurance Awards 2007, while its private placement was voted the ‘Most Innovative Deal – Equity’ in The Asset’s Triple A – The Asset Asian Awards 2006.

Beyond Singapore, ACR has a Joint Venture in Kuala Lumpur, Malaysia, as well as a representative office in Taipei. It has also received approval from the Central Bank of Bahrain to establish a representative office in Manama, the capital city of Bahrain.

More information on ACR is available at www.asiacapitalre.com.



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Last modified on 27 October, 2007 by NUS Risk Management Institute (RMI)