Earthquake insurance products in Albania as endorsed by Europa Re and supported by the Swiss State Secretariat for Economic Affairs

Commencing September 5th, 2017, Societe Generale Albania Bank has begun offering its clients insurance policies against earthquake damages through ALBSIG Insurance Company in cooperation with Europa RE. The micro EQ insurance product was designed under the World Bank Insurance Program for Southeast Europe (Southeast Europe Catastrophe Risk Insurance Facility -...

Europa Re Appointment of New Chief Underwriting Officer

Europa Re has appointed Mrs. Marijana Lemic-Saramandic to the position Chief Underwriting Officer.  Mrs. Lemic-Saramandic has over twenty years of professional experience in insurance and reinsurance. She joined Europa Re in 2012.
During the last five years, prior to her appointment as Chief Underwriting Officer, Mrs. Lemic-Saramandic held the...

Europa Re completes a Field Survey on the Sava River Basin as Part of its Damage Assessment Initiative in the Republic of Serbia

Following the recent catastrophic floods in the Republic of Serbia, which have caused severe damages and economic losses unofficially estimated at millions of US dollars, Europa Re has successfully completed on-the-ground field survey in support of its damage assessment initiative in the aftermath of this devastating natural disaster. These activities...

Europa Re is conducting a Country-Wide Flood Assessment in the Aftermath of the Recent Natural Disaster in Republic of Serbia

The May 2014 flooding in the Republic of Serbia has caused devastating loss of life and economic damages. Quantifying and inventorying losses is vital to prioritizing response and preparing for future impacts when flood waters or mudslides are still present. There is no better way to delineate the effects of...

Start of Europa Re Operations in FYR of Macedonia: Introduction of the First Property Catastrophe Insurance Product

With the promotion of the first unique earthquake insurance product, the newly established insurance market infrastructure system for development of catastrophe and weather risk markets, endorsed by Europa Reinsurance Facility Ltd. - the Swiss-based specialty property catastrophe reinsurance company, started operating in FYR of Macedonia. A press conference on the...

Europa Re Completes the First Trainings for Insurance Agents in Albania and FYR of Macedonia

Europa Reinsurance Facility Ltd., the Swiss-based specialty property catastrophe reinsurance company owned by the Republic of Albania, Republic of Serbia and FYR of Macedonia, has successfully completed the first training workshops for insurance agents and personnel of its local partner insurers in Albania (held on 29 March 2014 in Tirana)...

Europa Re Achieves Major Milestone with Receipt of FINMA's Final Decree for Swiss Reinsurance License

Europa Reinsurance Facility Ltd. is pleased to announce that the Swiss Financial Market Supervisory Authority FINMA has granted to it a reinsurance license as per 1 January 2014. The licensing decree was issued by FINMA on 13 December 2013. Read the full story here.

Europa Re at the Insurance Day event and the Fifth International Insurance Conference in FYR of Macedonia

Europa Reinsurance Facility Ltd., the Swiss-based catastrophe and weather-risk reinsurer and special insurance services provider in the process of formation for Southeast Europe, recently participated in the 'Insurance Day' event (organised by the Insurance Supervision Agency of FYR of Macedonia) and the Fifth International Insurance Conference entitled 'Challenges in the...

Europa Re Regulatory Workshop in Albania

Europa Reinsurance Facility Ltd., the Swiss-based catastrophe and weather-risk reinsurer and special insurance services provider in the process of formation for Southeast Europe, organised a workshop in Tirana, Albania on 27 August, 2013. Read the full story here.

First Policy Advisory Board Meeting of Europa Re

Europa Reinsurance Facility Ltd., the Swiss-based catastrophe and weather-risk reinsurer and special insurance services provider in the process of formation for Southeast Europe (SEE), held its first Policy Advisory Board Meeting in Zurich, Switzerland on 28 June, 2013. Read the full story here.