What EUROPA Re does

EUROPA Re Ltd. is a Swiss-domiciled property and casualty reinsurer founded in 2009 and headquartered in Rotkreuz, Canton of Zug, with a representative office in Skopje, North Macedonia. It operates as a full-service reinsurer providing proportional and non-proportional treaty and facultative capacity across natural catastrophe, property/casualty (fire, business interruption, machinery breakdown, engineering, liability, personal accident, energy, renewables), agriculture (including Area Yield Index Insurance), and marine/cargo/specialty lines. The company holds a FINMA license granted in 2017 and reports a Swiss Solvency Test ratio of 265%, with ownership held by the governments of Albania, North Macedonia, and Serbia alongside management, reflecting its origin as a World Bank-supported initiative to build catastrophe insurance capacity in Southeast Europe.

Beyond traditional reinsurance underwriting, EUROPA Re runs a technical advisory practice that designs and implements disaster risk financing and insurance market development projects for international donors and governments. Flagship engagements include the SEEC Catastrophe Risk Insurance Facility in the Balkans, the SEECA program in Kazakhstan, and national agricultural insurance programs in North Macedonia, Serbia, Uzbekistan, and Honduras (a hurricane-linked employee benefit scheme for manufacturing workers). The technology stack comprises localized high-resolution catastrophe risk models, the CATMonitor web-based insurance platform for policy sales and claims settlement, and digital channels for AYII distribution. Partnerships with the World Bank, InsuResilience Solutions Fund, UNDP, Swiss Re, and the Insurance Development Forum underpin its go-to-market, supplemented by direct treaty underwriting, reinsurance brokers, and regional representation. Revenue is generated through treaty premiums (recurring subscription-style annual contracts) and fee-based advisory services for development projects, with pricing negotiated bilaterally per risk profile.

Name

EUROPA Re

Legal name

EUROPA Re Ltd.

Website

https://europa-re.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

EUROPA Re is a Swiss-domiciled, FINMA-licensed property and casualty reinsurer providing catastrophe, agriculture, and specialty capacity along with technical advisory services to emerging-market insurers, governments, and international development organizations.

Ownership category

akta.pro rank

Product category

Reinsurance Services

NAICS

Reinsurance Carriers (524130)

SIC

Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Catastrophe Treaty Reinsurance (FSAOAEAE)

akta.pro secondary industries

Casualty Treaty Reinsurance (FSAOAEAD), Casualty Facultative Reinsurance (FSAOAFAB), Facultative Specialty Lines Reinsurance (Marine, Aviation, Energy, Cyber, Surety, Political Risk) (FSAOAFAD)

Keywords

• Catastrophe reinsurance
• Property casualty reinsurance
• Agricultural reinsurance
• Emerging markets insurance
• Weather risk insurance

Headquarters

HQ city

Zug

HQ country

Switzerland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Catastrophe Reinsurance Premiums: Core revenue from providing reinsurance capacity for natural catastrophe risks, weather-related coverage, and property/casualty insurance. The company accepts both proportional and non-proportional reinsurance treaties and facultative placements.
2. Agricultural Reinsurance: Reinsurance capacity for traditional agricultural coverage and area yield index insurance products protecting farmers against crop yield shortfalls
3. Technical Advisory Services: Fee-based technical expertise sharing with insurers and reinsurers in developing markets, including project management for international development organizations and donors

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

EUROPA Re is a full-service, Swiss-domiciled property-casualty reinsurer providing proportional and non-proportional reinsurance capacity for natural catastrophe, property/casualty, agricultural (including Area Yield Index Insurance), and marine/cargo/specialty lines risks. It also delivers fee-based technical advisory services to insurers, governments, and international development organizations to build insurance market capacity in emerging markets across Southeast Europe, Central Asia, Latin America, and Africa.

Product overview

EUROPA Re is a full-service, Swiss-domiciled reinsurer offering a comprehensive portfolio of reinsurance products and advisory services. The core reinsurance offerings include Natural Catastrophe Reinsurance, Property/Casualty Reinsurance, Agriculture Reinsurance (including Area Yield Index Insurance), and Marine/Cargo/Specialty Lines. Beyond traditional reinsurance capacity (proportional and non-proportional), EUROPA Re provides technical advisory services through international development projects including SEEC CRIF, SEECA CRIF, and various national agricultural insurance programs across Southeast Europe, Central Asia, and Latin America. The company operates as both a reinsurer and a technical partner to governments, insurers, and international organizations.

Differentiator

Problem solved

Functional benefit

Products and services

• Natural Catastrophe Reinsurance Reinsurance coverage for natural disasters including climate-driven and geological events, designed to strengthen resilience of communities and nations vulnerable to natural disasters. Offered on proportional and non-proportional treaty and facultative basis to ceding insurance companies globally.
• Property / Casualty Reinsurance Reinsurance solutions covering Fire and Extended coverage, Business Interruption, Machinery breakdown, Engineering covers, Liability, Personal Accident, Onshore and Offshore Energy, and Renewables, offered on treaty and facultative, proportional and non-proportional basis to insurance clients.
• Agriculture Reinsurance Customized reinsurance protection for agriculture risks, including Agricultural Area Yield Index Insurance (AYII) that protects farmers against crop yield loss and functions as an Area Yield Shortfall Guarantee against catastrophe and biological risks. Reinsurance capacity is provided to insurers and program sponsors in emerging markets.
• Marine, Cargo and Specialty Lines Reinsurance Reinsurance capacity and expertise for Marine, Cargo and Specialty lines supporting long-term client partnerships with ceding insurers globally.
• Technical Advisory Services for Insurance Market Development Fee-based technical expertise sharing with insurers and reinsurers in developing markets, including project management for international development organizations and donors. Covers localized risk model development, web-based insurance platform deployment, actuarial modeling, and professional training for insurance agents across Southeast Europe, Central Asia, and Latin America.

Quantifiable outcome

• 265% Swiss Solvency Test ratio demonstrating strong financial stability
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core, flagship and minor.

• UNDRR (United Nations Disaster Risk Reduction)coreStrategic or Co-development PartnerCo-founder from UN system supporting EUROPA Re's creation in 2009, focused on disaster risk reduction and financial resilience in emerging markets.
• Insurance Development Forum (IDF)coreStrategic or Co-development PartnerMember of IDF alongside Swiss Re; collaborative partner in Uzbekistan agricultural insurance program and other developing market initiatives.
• UNDPcoreStrategic or Co-development PartnerPartner through tripartite agreement in Uzbekistan agricultural insurance program for smallholder horticulture farmers. Also served as consultant relationship for Dr. Jovanovska-Boshkovska.
• Swiss RecoreStrategic or Co-development PartnerIDF member partner collaborating with EUROPA Re on Uzbekistan agricultural insurance program for smallholder horticulture farmers, providing international reinsurance backing.
• SEEC CRIF (Southeast Europe Catastrophe Risk Insurance Facility)flagshipStrategic or Co-development PartnerFlagship regional initiative launched by World Bank where EUROPA Re played leading role in expanding catastrophe insurance across Albania, North Macedonia, Serbia, and other Balkan countries. Created web-based insurance platform, risk models, and training programs.
• ACO (Actuarial and Consulting)minorImplementation/ SI/ Consulting PartnerSelected project partner providing actuarial consulting services for insurance market development projects.

Scale indicators3 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• SCOR: Global Tier 1 reinsurer offering life and P&C reinsurance with specialty and emerging-market exposure — useful comparable for treaty pricing and portfolio diversification benchmarks.
• Hannover Re: Third-largest global reinsurer with strong P&C and specialty franchise, including catastrophe and emerging-market exposure — relevant scale and product benchmark for EUROPA Re.
• Swiss Re: World's second-largest reinsurer with broad P&C, life, and specialty offerings. Listed as an IDF partner collaborating with EUROPA Re on Uzbekistan agriculture, and a natural comparison for scale and capital efficiency.
• Munich Re: Global reinsurance leader underwriting catastrophe, P&C and specialty risks worldwide — sets the benchmark for catastrophe risk modeling and pricing that EUROPA Re's emerging-market specialist offering competes against.
• PartnerRe: Diversified global reinsurer with strong specialty and catastrophe capabilities; privately held (currently owned by Covéa), offering a closer structural and scale analogue to EUROPA Re than the listed majors.

Direct peers

• African Risk Capacity Limited (ARC Ltd): African Union-affiliated sovereign disaster risk pool providing parametric insurance to African governments, with donor backing — comparable to EUROPA Re's World Bank/UNDP-supported emerging-market disaster insurance programs.
• Asian Reinsurance Corporation (Asian Re): Asia-headquartered reinsurer providing capacity across emerging Asian markets, with similar treaty and facultative offerings in catastrophe and non-life lines — comparable emerging-market focus and product mix.
• Pacific Catastrophe Risk Insurance Company (PCRIC): Pacific-region catastrophe risk pool providing catastrophe insurance to Pacific Island governments, analogous in structure and emerging-market sovereign focus to EUROPA Re's regional mandates.
• African Reinsurance Corporation (Africa Re): Multinational African reinsurer owned by African states and institutional investors, focused on growing insurance penetration across emerging African markets — directly analogous to EUROPA Re's emerging-markets, government-backed reinsurance model.
• CCRIF SPC (formerly Caribbean Catastrophe Risk Insurance Facility): Multi-country parametric catastrophe risk pool serving Caribbean and Central American governments with disaster insurance — highly comparable to EUROPA Re's disaster-risk-financing projects in Honduras and similar mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/europa-re-ltd2

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EUROPA Re