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.
Acquisition statement
We are pleased to announce the acquisition of "SKY RE Facultative and Treaty Ltd." by "Russian Insurance Group SA" and that the company has been renamed to "SELECTA Insurance and Reinsurance Company (Caribbean) Ltd.".
The board members are as follows:
Mr. Vasily Kozlov, CEO of Selecta Insurance & Reinsurance Company Ltd, domiciled in Moscow, Russia.
Mr. Pavel Danilov, Director of Selecta Insurance & Reinsurance Company Ltd.
Mr. Alexander Shakhmatov, Managing director of Selecta Insurance & Reinsurance Company Ltd.
Mr. Stanislav Yankevich, Head of Overseas projects of Selecta Insurance & Reinsurance Company Ltd.
Mrs. Leticia Nisbett-Dore, Director of SELECTA Insurance and Reinsurance Company (Caribbean) Ltd. [previously SKY RE].
Mr. Kirill Patyrykin, Deputy CEO of Selecta Insurance & Reinsurance Company Ltd is Managing Director, and the Secretary of the Board.