AM Best Affirms Credit Ratings of Dunav-Re a.d.o. Belgrade
LONDON – JULY 31, 2020 11:07 AM (EDT)
AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Dunav-Re a.d.o. Belgrade (Dunav Re) (Serbia), a subsidiary of Dunav Osiguranje a.d.o. Belgrade (Dunav Insuarance) (Serbia). The outlook of the Credit Ratings (ratings) is stable.
40 YEARS OF TRADITION AND TRUST
Ambitious business policy targets have been fully implemented in accordance with the business and market principles of “Dunav Re JSC”, taking into account both the economic and professional principles of reinsurance.
Reinsurance for more than 40 years
Reinsurance for more than 40 years by the Joint Stock Company (JSC) “Dunav Re” as a highly professional reinsurer, which has successfully provided reinsurance protection for insured risks of its customers for over 40 years.

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Together we can do more. Together we can reach a safe future. Aiming to contribute in the fight against Covid-19 epidemic, our company donated 3 million RSD to the Serbian Health Insurance Fund.

AM Best Affirms Credit Ratings of Dunav-Re a.d.o. Belgrade

LONDON – JULY 31, 2020 11:07 AM (EDT)

AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Dunav-Re a.d.o. Belgrade (Dunav Re) (Serbia), a subsidiary of Dunav Osiguranje a.d.o. Belgrade (Dunav Insuarance) (Serbia). The outlook of the Credit Ratings (ratings) is stable.

40 YEARS OF TRADITION AND TRUST

Ambitious business policy targets have been fully implemented in accordance with the business and market principles of “Dunav Re JSC”, taking into account both the economic and professional principles of reinsurance.

Our vision

The leading position in the domestic market

An active role in the foreign reinsurance market

A long-term partnership with customers and other reinsurers from the country and abroad

Respecting customer needs and opinions

Continuous improvement of service quality

Our mission

Respecting the general economic principles
Respecting the principles of the profession reinsurance
Timely identification and assessment of assumed insurance risks
Reinsurance protection of the acquired portfolio
Secure and profitable investment
Risk management in order to protect long-term security and business stability
Implementation of internal controls

Our strategy

The business strategy is based on objective, comprehensive and reliable analysis of the current condition, as well as creative insights not only of desirable and realistic but also of bad scenarios of future situations.

Dunav Re, in its strategic orientation, opted for the strategy of minimizing weaknesses in order to take advantage of the opportunity of the so-called Mini – maxi strategy.

News

WHAT OTHERS SAY ABOUT US

My cooperation with the reinsurer Dunav Reinsurance JSC started in 1998, while the company where I then was working “Harris and Dixon Ltd.” , has been doing business with the Dunav Reinsurance JSC since its establishment of the company…

Mister Mario Baotić, Guy Carpenter Ltd. – Read more

The international reinsurance industry is today very suitable for reinsurance clients since the market has a surplus of capacity. Rates are still low while they are the conditions of sale under pressure and are often extended in favour of the client….

Mister Thomas Vogelmann,Köenig und Reeker – Read more

The European office of Axis Re in Zurich was established in 2003 and from the very beginning we were interested in the region of central and southern Europe, because of its size and importance, and especially for the markets of the former Yugoslav republics…

Mister Wolfgang Amiras,Axis Re Evropa – Read more

The current situation in the reinsurance industry shows all the characteristics of a very competitive market where unfavorable economic conditions in other spheres of providing financial services resulted in an increase in the number of players in the reinsurance market…

Mister Siniša Lovrinčević,Trust Re – Read more