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 efficient reinsurance options influenced by our own business strategies and industry regulations, market competition and market conditions including natural catastrophic exposures. We have therefore, developed own financial guidelines with a view to minimize our exposure and risks diversification with world class reinsurers. Solarelle will be approaching rated reinsurers as per International Rating Agencies such as S&P and AM Best, in accordance with our guidelines, which we shall be maintaining and complying with in a consistent manner.

Below are our Major Re-Insurers