Certified Reinsurers
The information contained in the following list will be refreshed as changes are made. It is possible that additions or deletions that have been properly filed are not included in today's version of the list. The status of a Certified Reinsurer can be confirmed by emailing RA-IN-REINSR-APP@pa.gov.
At its November 2011 Fall Annual Meeting, the NAIC adopted amendments to its Model Credit for Reinsurance Law, which allow for reduced collateral for financially solvent reinsurers and licensed in a jurisdiction with a well-defined regulatory framework. Pennsylvania adopted these changes via Act 136, effective on July 5, 2012. Act 136 amended 40 P.S. §442.1 to provide the commissioner the authority to “certify” reinsurers so that ceding insurers may receive credit for reinsurance ceded to duly certified reinsurers. On June 29, 2013, the amendments to chapters 161 and 163 of the department’s regulations which outline in detail the procedures to become a certified reinsurer became effective.
The department is accepting applications to become a certified reinsurer. The department is coordinating with the NAIC’s Reinsurance Task Force on the designation of qualified jurisdictions and with the Reinsurance Financial Analysis Working Group to allow “passporting” of companies that have been certified in another state
Certified Reinsurers
Company Name | Alien Number | Certified Reinsurer Number | Rating | Domaciliary Jurisdiction | Lead State | Certified Date | Expiration Date |
---|---|---|---|---|---|---|---|
ACE INA Overseas Reinsurance Company Ltd. | AA 3194217 | CR-3194217 | Secure-2 | Bermuda | PA | 1/1/2014 | 12/31/2024 |
Arch Reinsurance Ltd. | AA-3194126 | CR-3194217 | Secure-3 | Bermuda | N/A | 1/1/2020 | 12/31/2025 |
Chubb European Group SE | AA-1320152 | CR-1320152 | Secure-2 | France | PA | 1/1/2021 | 12/31/2025 |
Chubb Reinsurance (Switzerland) Limited | AA1460024 | CR-1460024 | Secure-2 | Switzerland | PA | 1/1/2015 (as ACE Reinsurance Switzerland Ltd.) | 12/31/2024 |
Chubb Tempest Reinsurance Limited | AA-3190770 | CR-3190770 | Secure-2 | Bermuda | PA | 1/1/2014 (as ACE Tempest Re Ltd.) | 12/31/2025 |
DaVinci Reinsurance Ltd. | AA-3194122 | CR-3194122 | Secure-3 | Bermuda | N/A | 1/1/2019 | 12/31/2025 |
Endurance Specialty Insurance Ltd. | AA-3194130 | CR-31974130 | Secure-3 | Bermuda | N/A | 1/1/2019 | 12/31/2025 |
Equator Reinsurances Limited | AA-3191274 | CR-3191274 | Secure-3 | Bermuda | PA | 1/1/2014 | 12/31/2025 |
Fidelis Insurance Bermuda Limited | AA-3191289 | CR-3191289 | Secure-4 | Bermuda | N/A | 1/1/2022 | 12/31/2025 |
Fidelis Underwriting Limited | AA-1120175 | CR-1120175 | Secure-4 | United Kingdom | N/A | 1/1/2022 | 12/31/2025 |
Hamilton Re, Ltd. | AA-3191190 | CR-3191190 | Secure-3 | Bermuda | N/A | 1/1/2020 | 12/31/2025 |
Hannover Life Reassurance Company of America | 59-2859797 | N/A | Secure-2 | N/A | FL | 1/1/2020 | 12/31/2025 |
Hannover Life Reassurance Company of America (Bermuda) Ltd. | AA-3191255 | CR-3191255 | Secure-2 | Bermuda | N/A | 1/1/2020 | 12/31/2025 |
Hannover Ruck SE | AA-1340125 | CR-1340125 | Secure-2 | Germany | N/A | 1/1/2019 | 12/31/2025 |
Hiscox Insurance Company (Bermuda) Limited | AA-3190875 | CR-3190875 | Secure-3 | Bermuda | N/A | 1/1/2020 | 12/31/2025 |
Liberty Specialty Markets Bermuda Limited | AA-3190917 | CR 3190917 | Secure-3 | N/A | N/A | 1/1/2021 | 01/01/2021 |
MS Amlin AG | AA-1460019 | CR1460019 | Secure-3 | Switzerland | N/A | 1/1/2022 | 12/31/2024 |
Munich Re | AA-1340165 | CR-1340165 | Secure-2 | Germany | N/A | 1/1/2020 | 12/31/2025 |
Renaissance Reinsurance Ltd. | AA-3190339 | CR-3190339 | Secure-3 | Bermuda | N/A | 1/1/2020 | 12/31/2025 |
Renaissancere Europe AG | AA-1460023 | CR-1460023 | Secure-3 | Switzerland | N/A | 1/1/2019 | 12/31/2025 |
Somers Re Ltd. | AA-3191250 | CR-3191250 | Secure-4 | Bermuda | N/A | 1/1/2020 | 12/31/2025 |
Somerset Reinsurance Ltd. | AA-3191332 | CR-3191332 | Secure-5 | Bermuda | N/A | 1/1/2021 | 12/31/2025 |
Swiss Reinsurance Company Ltd. | AA-1460146 | CR-1460146 | Secure-2 | Switzerland | N/A | 1/1/2022 | 12/31/2025 |
Transre London Limited | AA-1120159 | CR-1120159 | Secure-2 | United Kingdom | N/A | 1/1/2019 | 12/31/2025 |
Wilton Reinsurance Bermuda, Ltd. | AA-3190878 | CR-3190878 | Secure-3 | Bermuda | N/A | 1/1/2022 | 12/31/2024 |
XL Bermuda Ltd. | AA-3191315 | AA-3191315 | Secure-2 | Bermuda | N/A | 1/1/2019 | 12/31/2025 |
Qualified Jurisdictions as of January 1, 2023:
- Bermuda: The Bermuda Monetary Authority (BMA)
- Ireland: Central Bank of Ireland (Central Bank)
- Japan: Financial Services Agency (FSA)
- France: Autorité Contrôle Prudentiel et de Résolution (ACPR)
- Germany: German Federal Financial Supervisory Authority (BaFin)
- Switzerland: Financial Market Supervisory Authority (FINMA)
- United Kingdom: Prudential Regulation Authority of the Bank of England (PRA)
- All United States jurisdictions that meet the requirement for accreditation under the National Association of Insurance Commissioners (NAIC) financial standards and accreditations program. See the most recent Accredited United States Jursidictions list maintained by the NAIC.