Lively Capital Reinsurance, Ltd. (ACTIVE RE), domiciled in Barbados, operates with a normal insurance coverage and reinsurance license granted by the island’s Monetary Companies Fee. The corporate was established in 2007 and specialises in bancassurance and related merchandise, offering reinsurance protection for big monetary establishments, equivalent to banks and credit score organisations not solely all through Latin America but in addition elsewhere on the earth.

In 2015, prompted by globalisation, ACTIVE RE adopted a progressive diversification technique with a view to enhancing the corporate’s world attain and including to its suite of services to higher serve present and new shoppers. This effort allowed ACTIVE RE to develop a sizeable world portfolio of merchandise and options, together with the total vary of bancassurance along with conventional traces of reinsurance equivalent to bonds and surety, property and engineering, normal legal responsibility, maritime, power, and various threat switch options. The corporate abides by its motto ‘Advantages for All’ and its operational philosophy – ‘put shoppers first, measure dangers twice, and after due diligence, pay claims, all the time’.

“The Corona Pandemic has not stopped ACTIVE RE’s world growth and diversification: the dual engines of company development.”

As of November 2020, ACTIVE RE presents reinsurance merchandise and threat administration providers to 418 ceding firms and 152 brokers in 110 nations throughout Europe, Latin America, and the Asia-Pacific and Center East and North Africa areas. As a matter after all, the corporate’s operations and processes are derived from sturdy moral rules and totally compliant with all related worldwide laws to stop cash laundering and the financing of terrorism.

Powered by Tech

ACTIVE RE’s company trajectory unfolds at a time of transcendental societal and financial change which impacts the reinsurance business as effectively. The corporate’s technique and enterprise mannequin underpin its operations and embrace an emphasis on know-how. ACTIVE RE has been an early adopter of recent know-how which it considers a vital driver of efficiency. By prioritising investments in communication, the corporate has strengthened its world community of greater than 50 associates of 13 nationalities, unfold over a dozen 12 nations and proficient in 8 languages. This community offers a number of bespoke touchpoints for shoppers, suppliers, and strategic companions.

After being upgraded in June 2018, credit standing company AM Greatest earlier this yr reaffirmed ACTIVE RE’s Monetary Power Score of A- (Glorious) and the Lengthy-Time period Issuer Credit score Score of “a-”. The outlook for these Credit score Scores (rankings) is steady. This represents the apex of an ascending observe report that started in 2014 when the corporate secured its first worldwide investment-grade score. ACTIVE RE administration is justifiably proud to be included within the choose group of world firms rated by AM Greatest and located to own the strongest attainable stage of stability sheet capitalisation underneath the brand new BCAR mannequin (Greatest’s capital adequacy ratio).

During the last 5 years, ACTIVE RE has reported a gross annual common premium of $110 million. Between 2007 and 2020, the amassed complete quantities to $931 million which testifies to the high-class monetary safety provided to shoppers. These outcomes could also be attributed to a well-diversified portfolio and a conservative underwriting coverage, in addition to the suitable retention of core enterprise, the cession of balances, and accumulations to first-line retro capabilities.

No Stopping

ACTIVE RE’s position as a ‘world, specialised, and progressive’ reinsurer entails, amongst others, a sustained effort to protect and enhance its glorious rankings, capitalisation, and monetary energy. This contains steady know-how upgrades and investments in human sources {and professional} abilities improvement in an effort to discipline the most effective analytical instruments and create progressive options that add tangible worth and advantages to the client proposition.

The Corona Pandemic has not stopped ACTIVE RE’s world growth and diversification: the dual engines of company development. In the course of the pandemic, the corporate has welcomed eight new colleagues from Mexico, Lebanon, Argentina, Russia, and Panama to the group. It has proved attainable to protect constructive outcomes by the efficient management of the cashflow cycle. Different components that helped ACTIVE RE navigate the well being emergency embrace a conservative strategy to underwriting insurance policies, elevating the extent of its reserve provisions, and an additional diversification of the portfolio.

The corporate has additionally managed to verify mounted operational bills by leveraging know-how for important positive aspects in effectivity and increasing distribution channels with the inclusion of MGAs (managing normal brokers). Regardless of strict mobility restrictions, ACTIVE RE has continued to conduct enterprise with out interruption because of an agile and seamless transition of personnel to dwelling workplaces.

In 2020, as the corporate celebrates its thirteenth anniversary with pandemic that unhinges the long run, ACTIVE RE has proved its resilience and endurance with expertise, know-how, innovation, and diversification – a potent combine that has strengthened the enterprise and permits it to face the years forward with confidence. The corporate is set to serve its rising world clientele with an unwavering dedication, and unequalled dedication, to operational excellence.

Current developments around the globe have compelled ACTIVE RE to boost the bar larger nonetheless in 2021. The corporate is difficult its personal goals and dealing exhausting to compile a powerful agenda that allows it to unlock new and promising markets equivalent to Africa, forge new distribution channels, and set up connections with world class brokers. The corporate can be decided to boost its already premium AM Greatest funding grade score from the present steady outlook to constructive. New traces of enterprise to discover and exploit within the yr forward embrace maritime, liabilities, sureties, particular traces for monetary establishments, and satellite tv for pc and aviation.

ACTIVE RE is grateful to its shoppers for the belief, assist, and loyalty proven, and to its strategic allies, distribution channels, retrocessionaires, employees, and workers for being a part of an thrilling journey which builds on expertise and retains gathering momentum consequently. i

Concerning the Creator

CEO: Juan Antonio Nino

Creator: Juan Antonio Nino

Juan Antonio Niño Pulgar is the Chairman and CEO of Lively Capital Reinsurance, Ltd.