A reinsurance house working across the life of a risk — the capacity that opens it, and the recovery and run-off that close it. Underwritten by hand, on rated paper.
Some houses chase volume. We chose mastery. We take few mandates, and we take them seriously — each one underwritten by hand, by senior people, on secure paper. We do not sell. We give counsel, and we stand behind it.
ELAM Reinsurance Group — established as a house, not a market
ELAM is drawn from the Arabic إلهام, Elham: inspiration. It is the standard we hold ourselves to — to be a source of confidence and clarity for everyone along the reinsurance chain. We work in reinsurance, and nothing else: the whole of the chain, from the capacity that opens a risk to the recovery that closes it.
A house held to a single standard, from first line to final account.
Certainty — capacity bound with conviction, on rated paper.
A reliable, fast pen — and a partner who answers.
Disciplined underwriting, and risks chosen with care.
Asten Re holds the pen. We price by hand, bind with conviction, and put the security of rated paper behind every line.
Asten Re underwrites bespoke Treaty and Facultative reinsurance on behalf of rated reinsurers, across a select range of classes. We assess, price and bind each risk within an agreed appetite — decisions made by senior people, quickly, with the security of rated balance sheets behind the limit. We work by relationship and by conviction — with brokers and cedants we choose, and risks we believe in. That is deliberate. It is how the work stays good.
Every programme is cut to measure — assessed by hand and bound only when we believe in it.
Our capacity is provided by rated reinsurers. Claims are paid on their balance sheets; we underwrite on their behalf.
Holding delegated authority, we decide close to the risk — and answer quickly.
Fire, natural catastrophe, liability and specialised P&C risk.
Oil & gas, renewable energy and power generation.
Large infrastructure, from inception to completion.
Healthcare insurers, group life and individual medical.
Vessels, marine hull, cargo and port facilities.
Professional indemnity, cyber, D&O and credit risk.
Claims recovery is the disciplined pursuit of funds from insurance and reinsurance claims that have been denied, underpaid or stranded. Run-off is the orderly management and closure of discontinued portfolios — through commutation, settlement and final account. Both demand patience, precision and discretion. Both are led by senior people, from the first review to the last.
We read the whole file, and the whole portfolio, before we act.
We engage insurers, reinsurers and counterparties to recover the maximum, including by commutation.
When a claim is unjustly denied, we bring legal weight to bear.
We recover the value others leave behind — senior-led, in confidence, from first review to final account.
We underwrite few risks, by choice.
Built by hand, never off a shelf.
Confidentiality is the default.
Senior people only.
Rated paper behind every line.
Standards held through the cycle.
We built ELAM Reinsurance Group as a house, not a market. Our work is to place capacity with conviction, and to recover value with discretion — for a select few, and for the long term. We take fewer mandates than we could, and give each the seniority and patience it deserves.
Bring us a risk, a claim worth recovering, or a portfolio to close. We will tell you — honestly, and quickly — whether it is one for us.