SELECTA Insurance and Reinsurance Company (Caribbean) Limited was duly incorporated and licensed as an international Reinsurance company under the provisions of the Nevis International Insurance Ordinance 2004 (and amendments) in December 2013, offering a wide variety of reinsurance products for the customers.
The original rationale for the establishment of the company was to provide suitable reinsurance options within the conventional reinsurance and alternative risk transfer market and to provide competitive and appropriate solutions in such instances. Over the last years of our activities we have achieved success in various segments of the market. We are constantly developing a range of our products offered both to corporate clients.
We are studying and analyzing all aspects of each and every client and create tailor-made products meeting the needs and wishes of our insureds. As a result we enjoy a continuous increase in number of our clients.
Strict performance of current requirements of state regulating body – Nevis Financial Services Regulatory Commission allows us to offer legally adequate products and services to our clientele.
Steady development of partner relations with the leading reinsurance companies brings us prudent reinsurance protection and enhances our incoming reinsurance portfolio.
Our professional activities are based on:
- Individual approach to the client;
- Reliable reinsurance protection;
- Prudent underwriting policy;
- Prompt claims adjustment;
- Professional team;
- High financial solvency and stability.
AM Best has confirmed our strong financial position by assigning us a Financial Strength Rating of B+ (Good) and a Long-Term Issuer Credit Rating of "bbb-" (Good) with a negative outlook.
You can find all necessary information regarding the main types of insurance for corporate and individual clients on our web site. Please do not hesitate to contact us in case of any questions or wishes and our managers will be glad to respond to all your queries.