southern cross assurance Limited

Reinsurance
Security

Since SCAL was licensed in 2012, the Company has acquired comprehensive reinsurance protection, in accordance with the requirements of the Insurance Act 1995. SCAL currently acquires its reinsurance protection through a LLoyd’s accredited Malaysia-based reinsurance broker, PWS Labuan. PWS Labuan are well established firm with offices also in London and Singapore.
Below are a few reputable reinsurers that are providing cover for our
Surplus Treaty:

  • Ratings alone, do not determine the credibility of reinsurers especially in countries where sovereign rating are low, the reinsurers can not get better ratings.
  • As standard practice, we screen their balance sheets, and track record of paying claims, especially commercial decisions before bringing them on board.