Skip Navigation LinksPennsylvania Insurance Department > Companies > Doing Business > Certified Reinsurers

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 contacting Kim Rankin; Director Bureau of Company Licensing and Financial Analysis, Pennsylvania Insurance Department, 1345 Strawberry Square, Harrisburg, Pennsylvania 17120, telephone: 717.783.6409, Fax: 717.787.8557, or email.
 
At its November 2011 Fall Annual Meeting, the NAIC adopted amendments to its Model Credit for Reinsurance Law which allow for reduced collateral for reinsurers that are financially solvent and licensed in a jurisdiction that has 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 working in coordination 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: 

Certified Reinsurer Name ID Number Rating Effective Date Expiration Date
ACE INA Overseas Insurance Company Ltd. ("AIOIC")
CR-3194217 Secure-2 January 1, 2017 ​December 31, 2017
Chubb Tempest Reinsurance Ltd. ("CTRL")
(Formerly ACE Tempest Reinsurance Ltd.)
CR-3190770 Secure-2 January 1, 2017 December 31, 2017
Equator Reinsurance Limited CR-3191274 Secure-3 January 1, 2017 December 31, 2017
ACE Reinsurance (Switzerland) Ltd.
CR-1460024 Secure-2 January 1, 2017 December 31, 2017
Arch Reinsurance Ltd.
CR-3194126 Secure-3 January 1, 2017 December 31, 2017
Hannover Re SE CR-1340125 Secure-2 January 1, 2017 December 31, 2017
Underwriters at Lloyd's London See Lloyd’s List Secure-3 January 1, 2017
December 31, 2017
Swiss Reinsurance Company Ltd. CR-1460146 Secure-2 January 1, 2017 December 31, 2017
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
(Munich Re)
​CR-1340165 Secure-2 ​July 1, 2015 December 31, 2016
Tokio Millenium Re AG CR-1460023 Secure-3 January 1, 2017
December 31, 2017

Qualified Jurisdictions as of January 1, 2016:

  • Bermuda-The Bermuda Monetary Authority (BMA) 
  • Central Bank of Ireland (Central Bank)
  • Financial Services Agency of Japan (FSA)
  • France: Autorité Contrôle Prudentiel et de Résolution (ACPR)
  • Germany: German Federal Financial Supervisory Authority (BaFin)
  • Switzerland-The Swiss Financial Market Supervisory Authority (FINMA)
  • United Kingdom-The Prudential Regulation Authority of the Bank of England (PRA)