About Global RE

Financial strength and leadership for specialist reinsurance

Global RE is a global reinsurance firm headquartered in Nevis, with a Dubai representative office and a defined specialist reinsurance portfolio.

Company overview

Focused non-life reinsurance and advisory

Founded in 2022, Global Re is a closely held specialist reinsurer providing non-life reinsurance and advisory solutions across MENA, Africa, Asia, and expanding international markets.

Founded

2022

Focused, well-capitalised non-life reinsurer

Ownership

100%

Single-shareholder ownership structure

Team

25+

Professionals and growing

Footprint

MENA, Africa & Asia

Expanding regional and international reach

Group structure

Connected reinsurance, broking, and investment capabilities

Global Re Overseas Ltd
Nevis reinsurance company within the Global Re group.
Global Re LLC
UAE operating company within the Global Re group.
One Broker World LLC
UAE-based reinsurance broker within the group.
One Investment Fund SPC Ltd
BVI investment vehicle within the group.

Financial strength

Claims-paying ability and defined scope

Global RE presents financial strength in practical terms: capital, underwriting appetite, wording clarity, and claims obligations are considered together.

Claims obligations

The firm presents its capital base in relation to its reliable ability to meet valid claims obligations under the business it writes.

Underwriting scope

Appetite is focused on Property, Casualty, Engineering, Marine, and Bonds/Surety reinsurance.

Financial strength detail

Capital is viewed alongside the risks written

As a supporting detail within the financial strength assessment, Global RE maintains paid-up capital of $500M. Counterparty review should also consider business scope, exposure quality, wording, and claims-handling obligations.

Headquarters: Nevis
Rep. office: Dubai, UAE
Written portfolio: Property, Casualty, Engineering, Marine, and Bonds/Surety reinsurance

Financial year portfolio

FY2025 audited profile

A concise view of audited financial highlights, portfolio reach, and underwriting discipline from the company profile.

The profile is presented alongside underwriting scope so cedants, brokers, and counterparties can assess scale, diversification, and participation discipline in one place.

FY2025 audited profile

USD 33.4M

Audited combined insurance revenue, up 17% from FY2024

A concise view of scale, capital position, portfolio reach, and disciplined participation from the FY2025 audited company profile.

Insurance revenue

USD 33.4M

Up 17% from USD 28.4M in FY2024

Net insurance result

USD 4.6M

Up 57% from USD 2.9M in FY2024

Total equity

USD 437.2M

FY2025 audited combined position

Total assets

USD 530.7M

Latest audited position

Portfolio distribution

Line of business

Property37%
Leading business class by gross premium
Casualty, Engineering, Marine, Bonds/Surety63%
Remaining disclosed specialist classes

Country concentration

Indonesia12.5%
Largest single-country concentration in the facultative book
South Korea9.5%
Largest treaty country concentration outside worldwide covers
United States8.5%
Third-largest facultative territory by premium share

Saudi Arabia

One of the top facultative territories referenced in the profile

Netherlands

Engineering risk reference in a developed market

Facultative and treaty signals

Markets reached112
Facultative and treaty markets combined
Average signed share8.3%
Average participation across the facultative book
Proportional facultative below 10%80%+
Proportional facultative risks written below 10% signed share

GWP trend

2023USD 116M

USD 116M

Concentrated, opportunistic book

2024USD 28M

USD 28M

Deliberate rebalancing toward quality

2025USD 33M

USD 33M

More selective, better-priced book

Financial highlights are drawn from the FY2025 audited company profile. Where the profile does not disclose a full split, the chart labels state the disclosed basis.

Business scope

Written business classes, stated without ambiguity

The business classes below are paraphrased into a concise market-facing view of Global RE's underwriting scope.

Global RE writes Property, Casualty, Engineering, Marine, and Bonds/Surety reinsurance.

Industry focus

Construction & Engineering

Project-led risk across Bonds/Surety, Property, Marine, Casualty, and Engineering where technical controls and contractual obligations are material.

Industry focus

Energy

Property, Casualty, Marine, Engineering, business interruption, and construction exposures across upstream, midstream, downstream, and related infrastructure.

Property
Property reinsurance for commercial, industrial, and project-related assets, with attention to physical damage, business interruption, and catastrophe aggregation.
Casualty
Casualty reinsurance for general liability, products liability, employers liability, and excess liability exposures where jurisdiction, wording, and claims environment are understood.
Engineering
Engineering reinsurance for construction, erection, machinery, equipment, and project-related risks where technical controls, testing phases, and contract conditions are visible.
Marine
Marine reinsurance for cargo, transit, project cargo, stock throughput, and related logistics exposures where route, storage, and accumulation controls are understood.
Bonds/Surety
Bonds and surety reinsurance for bid, performance, advance payment, maintenance, and contract guarantee obligations linked to public, private, and infrastructure works.

Leadership & team

Executive oversight and operating depth

Global RE's Executive Board is supported by colleagues across legal and compliance, claims, underwriting, retrocession, credit control, accounting, and technical roles.