A state-owned Mongolian National Reinsurance Joint Stock Company was established in 2014 with the aim of ensuring sustainable economic development, creating a fully functional entity that provides competitive reinsurance services and risk management solutions in compliance with the international standards to clients as well as reducing foreign currency outflow. “At the same time providing the standardized reinsurance services in the country, Mongolian Re cedes our excess risks to globally recognized companies such as SCOR, Hannover Re, Taiping Re and GIC Re whom have rated ‘AA-’ and ‘A-’ by A.M.Best.”
The “Mongolian Reinsurance” JSC has 4 departments including Department of Underwriting, Department of Asset Management and Indemnification, Department of Business Development and Project and Department of Finance and Management.
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