Reinsurance
Our reinsurance policy strengthens risk management capacity and ensures the stability of our insurance operations.
Amar Insurance LLC works with internationally reputable reinsurers under both its own reinsurance policy and the "Reinsurance Plan" approved annually by the Board of Directors, in order to strengthen our risk management capacity and ensure the stability of our insurance operations. We maintain portfolio reinsurance agreements across 12 insurance product lines.
Advantages
Risk Capacity
Coverage limits for each insurance type are set annually based on detailed risk capacity and portfolio analysis.
Treaty Reinsurance
Claims exceeding 5–10 billion MNT per policy are covered under our treaty reinsurance arrangements.
Facultative Reinsurance
High-value policies not covered by treaty reinsurance are placed under facultative reinsurance.
Coverage Limits
| Insurance product | Coverage limit |
|---|---|
| Property Insurance | 10,000,000,000₮ |
| Construction & Erection All Risks Insurance | 10,000,000,000₮ |
| Heavy & Special-Purpose Machinery | 7,000,000,000₮ |
| Heavy-Duty Vehicle Insurance | 7,000,000,000₮ |
| Motor Vehicle Insurance (Class B) | 2,800,000,000₮ |
| Commercial General Liability Insurance | 5,000,000,000₮ |
| Domestic & International Cargo Insurance | 5,000,000,000₮ |
Our Reinsurance Brokers and Reinsurers
Amar Insurance LLC is a trusted and well-established insurer with over 23 years of experience in the insurance industry. Backed by a team of highly skilled and dedicated professionals, we have earned the confidence and loyalty of our clients. We provide a comprehensive range of insurance solutions for both individuals and businesses, and through our advanced digital platforms, we are committed to delivering efficient, reliable, and customer-centric services tailored to our clients' evolving needs.
