A.M. Best Affirms Credit Ratings of Bosna Reosiguranje d.d. Sarajevo
By a
The ratings reflect Bosna Re's balance sheet strength, which
Bosna Re's balance sheet strength is supported by the strongest level of risk-adjusted capitalisation, which benefits from robust internal capital generation, a well-rated retrocession panel and prudent reserves. Risk-adjusted capitalisation strengthened considerably in 2017 owing to the sale of a material private equity investment; however,
Bosna Re maintained its market leading position in BH in 2017, commanding an 77% share of reinsured premiums in the Bosnian market (based on gross written premiums); it remains the only domestic reinsurer licenced to write life and non-life insurance.
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