Reaseguradora del Ecuador S.A.
- Company typePrivate
- Founded1977
- HeadquartersGuayaquil, Ecuador
- Headcount11–50
- GTM typeB2B
- OfferingServices
Reaseguradora del Ecuador S.A. firmographics
Firmographics- Name
- Reaseguradora del Ecuador S.A.
- Legal name
- Compañía Reaseguradora del Ecuador S.A.
- Website
- https://ecuare.com
- Company type
- Private
- Founded year
- 1977
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Reaseguradora del Ecuador S.A. industry classification
Industry- Product category
- Reinsurance
- NAICS
- Reinsurance Carriers (524130), Insurance Carriers and Related Activities (524)
- SIC
- Fire, Marine & Casualty Insurance (6331), Life Insurance (6311)
- akta.pro primary industry
- Property Facultative Reinsurance (FSAOAFAA)
- akta.pro secondary industries
- Facultative Life Reinsurance (FSAOAFAJ), Marine Reinsurance (FSAOADAA)
Keywords
Where Reaseguradora del Ecuador S.A. is headquartered
LocationHeadquarters
- HQ city
- Guayaquil
- HQ country
- Ecuador
- HQ region
- Latin America
Offices1 record
Markets served
Reaseguradora del Ecuador S.A. business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Others
Revenue model
- Reinsurance Premiums: EcuaRe generates revenue by accepting reinsurance premiums from ceding insurance companies. They provide both facultative (individual risk) and treaty (automatic) reinsurance coverage across multiple lines including fire, motor, cargo, liability, and life insurance.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
Reaseguradora del Ecuador S.A. product offering
Product offeringCore offering
Reaseguradora del Ecuador S.A. (EcuaRe) is an Ecuadorian reinsurance company that underwrites facultative (individual risk) and treaty (automatic) reinsurance coverage for ceding insurance companies. It accepts reinsurance premiums across multiple lines including Fire & Allied Perils, Machinery Breakdown, Cargo, Third Party Liability, Motor Hull, Personal Accident, Life, Terrorism, Marine Hull, and Specialty Branches. The company operates through direct relationships with cedants and via international reinsurance intermediaries across Latin America, with retrocession capacity provided by global reinsurers.
Product overview
Reaseguradora del Ecuador S.A. (EcuaRe) operates as a reinsurance company offering two primary service categories: Facultative Reinsurance (individual risk coverage across 15 branches including property, casualty, marine, and specialty lines) and Treaty Reinsurance (automatic contracts for proportional reinsurance). The company also provides an Online Services Portal for customers to manage electronic vouchers, portfolio information, and claims tracking. The product portfolio includes specialized coverage for risks such as Fire & Allied Perils, Terrorism, Marine Hull, and various technical branches, with capacity limits ranging from USD 200,000 to USD 32,500,000 per line of business.
Differentiator
Problem solved
Functional benefit
Products and services
- Facultative Reinsurance Services Individual risk reinsurance coverage for ceding insurance companies, covering branches including Fire & Allied Perils, Machinery Breakdown, Contractors All Risk (CAR), Erection All Risk (EAR), Equipment and Machinery, Finished Civil Work, Electronic Equipment, Cargo, Third Party Liability, Theft, Motor Hull, Personal Accident, Life, Terrorism, and Marine Hull, with per-line capacity limits up to USD 32,500,000.
- Treaty Reinsurance Services Automatic proportional reinsurance contracts including Quota Share, Surplus, Mixed, and Facultative-Obligatory arrangements, covering Fire & Allied Perils, Technical Branches, Cargo, Third Party Liability, Theft & Assault, Motor Hull, Personal Accident, Life, Bonds, Fidelity, and Marine Hull and P&I.
Companies that use Reaseguradora del Ecuador S.A.
Customer profileNamed customers12 records
Segments2 records
Ideal customer profiles1 record
Reaseguradora del Ecuador S.A. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Reaseguradora del Ecuador S.A. partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and minor.
- Hannover Rück SEcoreRetrocession partner providing capacity for reinsurance risks. Hannover Re is one of the world's largest reinsurers.
- QBE Europe SA/NVminorRetrocession partner providing reinsurance capacity.
- Everest Reinsurance CompanyminorRetrocession partner providing reinsurance capacity.
- IRB. Brasil Resseguros S.A.minorRetrocession partner from Brazil providing regional reinsurance capacity.
- Reaseguradora Patria S.A.B.minorRetrocession partner from Mexico providing regional reinsurance capacity.
- Korean Reinsurance Company LimitedminorRetrocession partner from South Korea providing international reinsurance capacity.
- Austral Resseguradora S.A.minorRetrocession partner from Brazil providing regional reinsurance capacity.
- HCC International Insurance Company PlcminorRetrocession partner providing specialty reinsurance capacity.
- Lloyd's Underwriter Syndicate No. 1084 CSLminorRetrocession partner through Lloyd's of London providing capacity.
- Ageas ReminorRetrocession partner providing reinsurance capacity.
- CCR REminorRetrocession partner providing reinsurance capacity.
- ECHO REminorRetrocession partner providing reinsurance capacity.
- HelvetiaminorRetrocession partner providing reinsurance capacity.
Scale indicators4 records
Recent moves7 records
Reaseguradora del Ecuador S.A. competitors and assessment
Company assessmentDirect peers
- Reaseguradora Patria S.A.B. Reaseguradora Patria is Mexico's flagship reinsurer and a retrocession partner of EcuaRe. Both serve as regional reinsurance carriers providing facultative and treaty capacity to cedants across Latin America with similar lines of business.
- CCR RE: CCR RE is a French reinsurer and documented retrocession partner of EcuaRe. Comparable as a multi-line reinsurance carrier providing facultative and treaty capacity to cedants across multiple geographies.
- Korean Reinsurance Company: Korean Re is a documented retrocession partner of EcuaRe providing international reinsurance capacity. Comparable as a global reinsurance carrier offering proportional and non-proportional treaty and facultative coverage.
- Austral Resseguradora S.A. Austral Resseguradora is a Brazilian reinsurer and documented retrocession partner of EcuaRe. Comparable as a regional facultative/treaty reinsurance carrier with multi-line capacity across Latin American cedants.
- Everest Reinsurance Company: Everest Re is a retrocession partner of EcuaRe providing specialty reinsurance capacity. Comparable as a global reinsurer offering facultative and treaty underwriting across property, casualty, and specialty lines.
- Hannover Rück SE: Hannover Re is the 30% strategic shareholder of EcuaRe (since 2016) and its primary retrocession partner. As one of the world's largest reinsurers, it provides direct comparability in facultative/treaty underwriting across all major lines.
- IRB Brasil Resseguros S.A. IRB Brasil is a leading Latin American reinsurer and a documented retrocession partner of EcuaRe. Both operate regional reinsurance carriers with diversified facultative/treaty offerings across property, casualty, and specialty lines in Latin America.
- QBE Europe SA/NV: QBE Europe is a documented retrocession partner of EcuaRe providing reinsurance capacity. Comparable as a global reinsurance carrier offering facultative and treaty solutions across property, casualty, and specialty lines.
Broad incumbents
- Swiss Re: Swiss Re is one of the world's largest reinsurers, providing facultative and treaty reinsurance across all major lines globally. Comparable as a broad incumbent competing for Latin American cedant relationships and broker placements alongside EcuaRe.
- Munich Re: Munich Re is one of the world's largest reinsurers and a benchmark incumbent in facultative and treaty reinsurance across all lines and geographies. While not a direct retrocession partner of EcuaRe, it competes for the same cedant relationships across Latin America.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Reaseguradora del Ecuador S.A. social profiles
Digital presenceReaseguradora del Ecuador S.A. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Reaseguradora del Ecuador S.A. leadership team
Management profileNumber of profiles
Profiles11 records
Reaseguradora del Ecuador S.A. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Reaseguradora del Ecuador S.A. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Reaseguradora del Ecuador S.A.
What does Reaseguradora del Ecuador S.A. do?
Reaseguradora del Ecuador S.A. (EcuaRe) is an Ecuadorian reinsurance company that underwrites facultative (individual risk) and treaty (automatic) reinsurance coverage for ceding insurance companies. It accepts reinsurance premiums across multiple lines including Fire & Allied Perils, Machinery Breakdown, Cargo, Third Party Liability, Motor Hull, Personal Accident, Life, Terrorism, Marine Hull, and Specialty Branches. The company operates through direct relationships with cedants and via international reinsurance intermediaries across Latin America, with retrocession capacity provided by global reinsurers.
Is Reaseguradora del Ecuador S.A. a public or private company?
Reaseguradora del Ecuador S.A. is a private company. It is classified as corporate owned and is currently operating.
When was Reaseguradora del Ecuador S.A. founded?
Reaseguradora del Ecuador S.A. was founded in 1977. It employs 11 to 50 people.
Where is Reaseguradora del Ecuador S.A. based?
Reaseguradora del Ecuador S.A. is headquartered in Guayaquil, Ecuador, in the Latin America region.
How does Reaseguradora del Ecuador S.A. make money?
One revenue line is on record: reinsurance Premiums.
Who are Reaseguradora del Ecuador S.A.'s main competitors?
Direct peers on record are Reaseguradora Patria S.A.B., CCR RE, Korean Reinsurance Company, Austral Resseguradora S.A., Everest Reinsurance Company, Hannover Rück SE, IRB Brasil Resseguros S.A. and QBE Europe SA/NV. Broad incumbents are Swiss Re and Munich Re.
Does Reaseguradora del Ecuador S.A. have an API?
No public API is recorded for Reaseguradora del Ecuador S.A..
What industry is Reaseguradora del Ecuador S.A. in?
Reaseguradora del Ecuador S.A.'s product category is Reinsurance. Its primary akta.pro industry code is FSAOAFAA, Property Facultative Reinsurance, with a secondary code of FSAOAFAJ, Facultative Life Reinsurance. Its NAICS code is 524130 and its SIC code is 6331.