For the period 15.07.2023-14.07.2024, PAID purchased a reinsurance program with a capacity of 1,100,000,000 EURO covering the risks of earthquake, flood and landslide, approximately 45% of the capacity coming from reinsurers with an "AA" rating given by S&P or AM Best.
The reinsurance program, the biggest one in Central end Eastern Europe is supported by a panel of 52 reinsurers, among the top participating companies being: Swiss Re, Munich Re, Hannover Re, Tokio Marine, SCOR.
Starting with 15.02.2024, the capacity of the reinsurance program was increased to EUR 1,200,000,000 covering the risks of earthquake, flood and landslide.