BEST RE L
Insurance - , , Tunisia
BEST RE L Details
BEST RE (L) was established in April 1985 as an Off-shore reinsurance company with headquarters based in Tunis (Tunisia), where it operates under Law No 85-108 dated 6th Dec. 1985. Under this law, BEST RE (L) enjoys the benefit of a tax-free environment and is regulated by the Tunisian Insurance Code, which is largely similar to the French insurance legislation.BEST RE (L) operates in compliance with Islamic principles (Art. 3 of its bylaws) and as such is considered as the world's Retakaful pioneer. BEST RE (L) is fully owned by SALAMA Group (Dubai – UAE), which comprises 7 other direct Takaful companies. Since inception, BEST RE (L) has focused on developing a profitable reinsurance portfolio in the emerging markets of Africa and Asia. It currently covers more than 90 countries in this region through a network of four regional offices in Labuan (Malaysia), Beirut (Lebanon), Istanbul (Turkey), Dakar (Senegal) and 3 contact offices in Beijing (China), Manila (Philippines) and Port Louis (Mauritius). Over the years, BEST RE (L) has evolved into a recognised and dependable emerging markets reinsurer with a proven track record. This is supported by solid capitalisation, underwriting expertise and performances, together with consistently good operating results and ratings from renowned agencies.It currently enjoys an excellent rating 'A-' (Excellent) from AM Best, with a "Stable" outlook.
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