Asia Capital Reinsurance Group Pte. Ltd. (“Asia Capital Re”) is a wholly owned subsidiary of ACR Capital Holdings Pte. Ltd.
Headquartered in Singapore and regulated by the Monetary Authority of Singapore, Asia Capital Re is the world's first independent reinsurance company with an exclusive focus on serving clients in the fast-growing pan-Asian region, extending from the Middle East to China and Japan.
Asia Capital Re offers clients a combination of strong Asian dedicated capacity, global underwriting standards and expertise, as well as in-depth knowledge of the Asian insurance markets. We specialise in providing reinsurance solutions for large and complex risks across business lines of agriculture, aviation, casualty, credit & surety, energy, engineering, marine, motor, natural catastrophe and property.
Asia Capital Re received an A- (Excellent) rating from A.M. Best at inception in November 2006. In November 2008, we were assigned a long-term insurer financial strength rating and counterparty credit rating of A- (Strong) from Standard & Poor’s.
Asia Capital Re has won numerous awards since its inception, including the honour of being the first Asia-based reinsurer to be named “Reinsurance Company of the Year” at the prestigious Worldwide Reinsurance Awards in 2011. This follows the Worldwide Reinsurance Awards’ recognition of Asia Capital Re as “Company Launch of the Year” in 2007 as well as The Asset’s nod for being the “Most Innovative Deal - Equity” in 2006 at the investment publisher’s annual awards. Asia Capital Re’s entry into the reinsurance industry was also hailed by The Reinsurance Readers’ Awards which named the company “Newcomer of the Year” in 2008. In 2010, together with shareholder, 3i Group, Asia Capital Re garnered the “Best Performing VC/PE-Backed Company” award by the Singapore Venture Capital & Private Equity Association. More recently, in 2016, The Asset named Asia Capital Re “Insurance Company of the Year” for investment excellence – the fourth time the company is conferred the honour.
Beyond Singapore, Asia Capital Re has three branch offices in Hong Kong, Dubai and Korea, representative offices in Taiwan, Japan and Vietnam, and a liaison office in India. We also have two wholly owned subsidiaries, Asia Capital Reinsurance Malaysia Sdn. Bhd. (“ACR Malaysia”) and ACR ReTakaful Holdings Limited (“ACR ReTakaful”). ACR Malaysia provides reinsurance coverage to Malaysia and Brunei markets as well as manages regional capacity pool solutions for natural catastrophe and agriculture risks in Asia. ACR ReTakaful is itself parent to two retakaful operating entities – ACR ReTakaful Berhad in Malaysia and ACR ReTakaful MEA B.S.C. (c) in Bahrain. We also have a sister company in Hong Kong, Concord Insurance Company Ltd.