Epitome of Service Excellence
At Solarelle Insurance, customer centricity is the foundation of our culture and we remain committed to maintaining client trust via the delivery of high quality products and the highest standards of service excellence.
News & Events
Minimizing Risk
In today’s challenging Insurance market, Reinsurance is becoming an increasingly important area for Solarelle. This is particularly critical in a country like Maldives, with its high exposure due to the country’s archipelagic geography. We are committed to finding the best and most efficient reinsurance options influenced by our own business strategies and industry regulations, market competition and market conditions including natural catastrophic exposures. Therefore, we have developed our own financial guidelines with a view to minimising our exposure and risk diversification with world-class reinsurers.
Key Reinsurance
Partners
Hannover Re - Germany
Lloyd’s Syndicates - London
Allianz SE - Germany
Swiss Re – Zürich, Switzerland
MS First Capital Insurance - Singapore
American International Group (AIG) - USA
General Insurance Corporation (GIC) - India
International General Insurance Co. Ltd – UK
Royal Sun Alliance (RSA) Insurance Group – London
Orient Insurance Company Limited - UAE
SCOR RE – France
Axa XL – USA
"A promise to Protect"
Total Claims Paid, in the Year 2023
MVR 138,055,071.86