Precision backing. Enduring partnerships.
Mainstream markets can’t always provide the capacity or long-term relationships you’re looking for.
At NPRe, our team evaluates the opportunities you bring us – not computers. Then we agree custom solutions to support mutually beneficial long-term goals.
Annual Gross Written Premium
Balance Sheet
Claims Paid Since 2016
We’re an international team with resources in the Caribbean, the UK and in Europe. Combining over 150 years of experience across financial services, commercial business, litigation and more, our expert team is ready to find ways to support your long-term goals.
Newpoint Reinsurance Company Limited is a licensed (re)insurance company regulated and approved by the Nevis Financial Services Regulation & Supervision Department, specifically the Office of the Registrar of International Insurance. We are governed by the Federation of St Kitts and Nevis, a developing financial services centre. St Kitts & Nevis is a well-functioning democracy, based on the British Parliamentary System, with Head of State King Charles III.
The Federation is a member of the United Nations (UN), the Organisation of American States (OAS), the Commonwealth and many other international organisations. The Eastern Caribbean Central Bank, headquartered in St. Kitts, maintains the Eastern Caribbean Dollar (EC$) which is closely tied to the US Dollar, providing currency stability.
Unlike mainstream markets that prioritise low friction and high volume, we invest time to understand opportunities and structure solutions for businesses that deserve financial support. We work with MGAs, brokers, small and developing cedents, mutuals, captives and lenders, offering capacity beyond standard appetites and partnership beyond pure capacity.
We support a broad spectrum – from early-stage MGAs and niche mutuals to more established reinsurance buyers. We assess opportunities on their own merits.
As an independent (re)insurer we use experts not algorithms to evaluate risk for new business and perform ongoing assessment during the life of the risk. Our team brings deep experience across underwriting, risk management, commercial business, actuarial, litigation and more. We’re focused on long-term value, not just short-term gains.
We’re independent, which means you can speak directly with the decision makers. We take the time to get to know you and see if our values and goals align. With a collaborative approach, we support you through each stage of the process. For us, success means building mutually rewarding partnerships – so when we commit, we commit for the long term.
Yes. We understand that some of the most promising opportunities haven’t had the chance to fully mature. We welcome small and/or developing cedents, including those that have lost their IP after separating from an established carrier. Our actuarial and modelling teams can support you with data refinement, stress testing and portfolio analysis.
NPRe are actively pursuing alternative ratings which are better suited to our business model and we look forward to updating the market on our rating position in due course.
Meanwhile, our balance sheet remains robust, as AM Best recognised, and our risk appetite remains unchanged.
Our leadership team has over 150 years of combined experience across global reinsurance, actuarial science, financial services underwriting, risk management and capital management, as well as commercial business, litigation, global operations, linguistics and more. They’ve built businesses from the ground up and held senior roles at household names, such as Lloyd’s, AIG, PwC, GSK and O2.
You can meet the international leadership team here.
NPRE has a strong balance sheet with a robust approach to risk selection. We have a global outlook and adopt best international practice.
Presently, we calculate solvency strength with reference to the European Regulatory Model and two rating agency models. This allows for a meaningful insight into our internal model development.
We maintain a high level of self-assessment using Solvency II standards as one of our principal risk management frameworks. In particular, we adopt the European forward-looking approach of assessing Solvency strength known as ORSA (Own Risk Self Assessment). We aim to maintain a minimum Solvency Capital Ratio of 150% for the base scenario and 130% under stressed scenarios.