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Reinsurance Broking

The provision of consulting services on the development of international business, actuarial analysis and alternative risk management give Challenge Group significant advantages and huge opportunities for the complex analysis and development of reinsurance solutions.

Challenge Group apply the unique experience and knowledge of our team, as well as stable relations with the insurance and reinsurance markets, to provide competitive terms and conditions for your reinsurance needs and we will always aim to obtain a qualitative and effective coverage in line with your requirements.

Depending on the nature and complexity of the risk Challenge Group is able to place business in the continental European, Lloyds, North American, Bermudan markets, South-East Asia, India, Middle East and Africa.

We believe that one of our significant advantages is that we can offer our clients access to the alternative markets of Eastern Europe and Russia. Access to these markets is especially relevant at the moment whilst we are in a period of a soft market which allows us to achieve the most favorable rates and optimal conditions for reinsurance.

Challenge Group considers that the provision of an intelligently constructed reliable and fairly priced reinsurance product as the key and most important broker service we can offer. We also believe that it is absolutely necessary to develop and introduce international programs and products in order to meet our clients’ evolving needs in the use of alternative risk transfer.

As an example, if it is impossible for the insurer to carry out insurance activity in a particular country, or if it does not have a license for insurance for some lines of business or if there are certain rating requirements - then fronting will be necessary. Challenge Group possesses special tools and arrangements with stable and reliable companies to solve these problems in a professional and prompt manner.

We are eager to introduce our clients to all opportunities and innovations of the international reinsurance market and to provide them with an individual approach even for the most non-standard and challenging projects.

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