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Reinsurance Department
Preface about the Department
This department is considered with distributing and shredding the risks admitted for insurance by reinsuring all or a substantial part of such risks with re-insurers witnessed with efficiency and power financial positions who may be companies specialized in reinsurance or direct insurance companies accepting reinsurance operations and Lloyds bodies.
Nature of work and Responsibilities of the Department:
The reinsurance department grants the company an accommodating capacity enables it to accept easily and quickly insurance operations with large amounts or risks which it could not have accepted in the absence of the facilities granted to it through reinsurance and subsequently maintaining the financial stability of the company in connection with the results of its works.
Fields of Insurance in Such Insurance type
It is divided into five sections namely:
- General Insurance including fires and general accidents
- Aviation
- Cars
- Marine
- Power
| Persons In-charge |
| Reinsurance Department |
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2240033 ext:2306 |
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