Since 1973, Optimum Reassurance has been offering its clients in the Canadian
market with professional reinsurance services and capacity. Optimum Reassurance
is the only reinsurer in Canada controlled by Canadian interests. It operates from
offices based in Montreal, Toronto and Barbados.
Optimum Reassurance is a subsidiary of the Montreal-based holding company, Optimum
Group. Optimum Group is a privately owned international financial group active in life
reinsurance, property and casualty insurance, life insurance, actuarial consulting and
Optimum Reassurance has maintained an "A-" (Excellent) rating by A.M. Best since it
was first awarded in 1998, making it the only active life reinsurer in Canada to have
never been downgraded.
Optimum Reassurance has the simplicity of one set of Canadian laws to comply, and
as such is nimble in the market it serves. Optimum Reassurance is incorporated under
a Quebec provincial license supervised by the Autorité des marchés financiers of
Quebec (AMF). It is also accredited by the Superintendent of Financial Institutions (OSFI)
as an approved provincially regulated reinsurer for reserve deduction in capital
requirement calculations similar to any federally registered reinsurer.
Optimum Reassurance is a full service life and health reinsurer. It offers reinsurance
services for Individual and Group insurance products.
Optimum Reassurance has an excellent and unique reputation in the market for its
customer focused approach. It works closely with its clients to resolve a wide variety
of business issues and in building a long term partnership.
Optimum Reassurance opened a branch in Barbados for international reinsurance
operations in 2006. The branch accepts Life, Personal Accident and Group Health
business from the Caribbean and Latin America markets.
Reason to choose Optimum Reassurance
- Knowledge and expertise
- Corporate stability over 40 years
- Primary focus is the Canadian market
- Pioneer and leader in Travel Insurance
- Close working relationships with clients
- Web-based Life and CI underwriting manuals
- Fairness and consistent approach with clients
- Creative and flexible approaches to meet clients' needs
- Immediate access by clients to senior staff / executives
- Sophisticated administration – accuracy and information