AzRe

AzRe REINSURANCE

AzRe Reinsurance OJSC (AzRe) is a reinsurance company domiciled in Azerbaijan with a reinsurance
license granted by the Central Bank of Azerbaijan Republic. AzRe is rated B+ with stable outlook by
A.M. Best.

As the sole specialized reinsurer in the nation, AzRe has established a robust business profile within
Azerbaijan, holding the position of the largest reinsurer in the country in terms of gross written premiums.
As a reliable strategic reinsurance partner, AzRe provides reinsurance services that amplifies the stability
and resilience of the domestic insurance sector.

Expanding its global reach to over 50 countries, AzRe has firmly positioned itself in territories such as
Central and Eastern Europe, the Commonwealth of Independent States, Latin America, Africa, the Middle
East, as well as China and South Korea.

Our subsidiary, Qala Life, manages a portfolio that includes traditional life and endowment business,
along with mandatory workers; compensation products in the local market.

AzRe provides treaty and facultative solutions both on a proportional and non-proportional basis using
our in-house underwriting team across Engineering, Property, Energy & Marine, Casualty, Motor, PA and
Life lines.

We are also strategically enhancing our global presence by forming partnerships with Managing General
Agents (MGAs) and leveraging our expertise.