Our ownership.
EUROPA Re is majority-owned by Alpine Funds AG, a Swiss investment company committed to supporting the Company’s long-term growth, financial strength, and international development.
Alpine Funds invests with the backing of OMR Group, a diversified group of companies with more than 25 years of experience across insurance and financial services, automotive, leasing, and real estate.
Ownership structure
Our origins
From our origins in Southeast Europe, we've become a global reinsurer. Yet our original mission remains unchanged: enabling emerging markets to thrive by increasing insurance and reinsurance capacity.
We're more than a reinsurer.
Our journey
EUROPA Re started in 2009 with a mandate from the World Bank and regional governments to strengthen the catastrophe insurance market in Southeast Europe. Managed by an international team, we expanded in 2017 with a license from the Swiss Financial Market Supervisory Authority (FINMA) to serve clients beyond our founding nations. Today, as EUROPA Re AG, we insure a diverse global property and casualty portfolio, with a special focus on emerging markets.
Our mission
Our mission is to provide reinsurance capacity where it's needed most, and to build capacity in emerging markets by sharing our specialized expertise. As a top-tier property-casualty reinsurer, we aim to provide affordable catastrophe and weather risk insurance to homeowners, farmers, and businesses in disaster-prone regions.
Our approach
Rigorous data-driven risk underwriting ensures profitability and sustainable growth for EUROPA Re. We also provide extensive technical support to emerging insurance markets. This expertise helps governments, communities, and their insurers address the growing challenges of climate change and other perils. By working closely with local markets, we contribute to building disaster-resilient societies.
Corporate governance
EUROPA Re operates with unwavering integrity, upholding the highest ethical and regulatory standards. Good corporate governance sits at the core of its business and risk management, enshrined in the Articles of Incorporation, Regulations of the Board of Directors, Code of Business Conduct, Underwriting and Investment Guidelines, and other policies.
EUROPA Re is fully compliant with FINMA requirements on corporate governance, risk management and internal control systems, and observes the applicable local rules in every jurisdiction in which it operates.
Managing our risks
Risk management is fundamental to EUROPA Re's business. Proper and timely identification, assessment and control of risk exposures is essential, guided by principles applied consistently across all risk classes:
- Controlled risk-taking within a clearly defined risk policy and control framework
- Clearly defined authority and accountability of staff
- Independent risk controls, with regular monitoring and reporting of all risk-taking activities
- Transparency, knowledge sharing and responsiveness to change
Creditworthiness
A strong solvency position, backed by diligent underwriting and a sound investment policy.
Highest SST ratio in ten years — well above the 100% requirement
Equivalent rating
Consistently maintained
The SST ratio is a risk-based solvency measure used by FINMA to assess an insurer's financial stability, comparing risk-bearing capital to the solvency capital requirement. A ratio above 100% indicates sufficient capital to cover risks, with higher percentages reflecting greater financial strength. The SST is equivalent to the EU's Solvency II framework.