BLAAK Underwriting Agencies underwrites on behalf of the following insurers:
Argenta Holdings Plc, owner of Argenta Syndicate Management (ASML), is a 100% subsidiary of Hannover Re. Argenta Syndicate 2121 is capitalized by Hannover Re and other third-party providers of capital. Argenta Syndicate 2121 has an A+ rating from S&P and an A rating from A.M. Best. Hannover Re (50.2% shareholder Talanx A.G.) is among the top 3 reinsurers worldwide with a gross premium of more than EUR 24 billion (2020) and excellent financial ratings (S&P AA- and A.M. Best A+).
Baloise Belgium nv is a top 4 Non-Life insurer and market leader in Belgium in Marine and Transportation insurances. Baloise Belgium nv has an A+ rating (Stable Outlook) from S&P. Its 2020 Net Combined Ratio was 90.9% with a premium turnover of EUR 2 billion and pre-tax profts of EUR 229.6 million.
Chaucer Insurance Company DAC provides commercial insurance and reinsurance to European clients. Chaucer (S&P A-; AM Best A) is part of the London headquartered Chaucer Group and owned by Asia’s largest insurance company, China Re (S&P A; AM Best A), which not only provides strong fnancial protection, but also gives access to China Re’s strong technological innovation capabilities, management and growth.