American Family Reinsurance
American Family Reinsurance
At AmFamRe, we understand that having a partner you can rely on is important, especially when it comes to protecting your company. That’s why we launched our business in 2011 — the mission being to provide assumed reinsurance to select domestic and international partners by developing strong, long-term relationships and offering up committed support in times of need.
Written through American Family Connect Property and Casualty Insurance Company (AFCPCIC) and American Standard Insurance Company (ASIC) of Wisconsin, AmFamRe is backed by the strong financial reputation of the American Family Insurance Group and its longstanding commitment to its customers. With nearly $37 billion in assets and $7.7 billion in equity, we’ve regularly received an A rating from AM best — making us a company you can count on. Here’s what you need to know.
American Family Insurance Group
AM Best Rating — A (Excellent)
How We Do Business
Our policyholders and business partners rely on us to be there in their time of need, so we hold our values to a high standard. We really get to know you and your company’s needs in person, so when it comes down to it, we can build a contract that fits your unique needs.
If you choose us to be your trusted reinsurer, you can count on us to uphold our promises.
Integrity. The cornerstone of our assumed reinsurance program is integrity — you can rely on our honesty and committed support.
Analysis. We use an analytical, model-driven approach to managing our catastrophe exposures.
Appetite. We’ve built our assumed reinsurance program by focusing on property excess of loss reinsurance with target placements between $10 million and $20 million. We will continue to grow our excess of loss book as well as explore new, proportional programs and other assumed reinsurance opportunities throughout the world.
Diversification. American family has built a substantial Midwestern portfolio and now has the ability, through reinsurance, to add other U.S. and worldwide exposures in uncorrelated areas where many others may have limited capacity. This gives us a real advantage over many of our competitors.
Our Ideal Partners
At AmFamRe, we pride ourselves on building lasting relationships with like-minded businesses. Our ideal partners:
- Share our conservative values, thorough approach to underwriting and value long-term relationships
- Seek capacity in geographic areas uncorrelated with American Family’s existing exposure base.
- Benefit from working with our seasoned reinsurance team, whose diverse U.S. and international experience span decades.
- Share our passion for our industry and the work we do.
We’ve got a team of reinsurance experts dedicated to filling and delivering on your needs.