Adobe Flash Player not installed or older than 9.0.115!
The international reinsurance market has experienced enormous fluctuations over the last 30 years. Companies have been formed to take advantage of new opportunities in an increasingly specialised market, only to fail through a lack of imagination, flexibility or financial prudence.
Very few companies have withstood the times and remained both successful and independent. Citadel is one of the few. Its record of strength and stability is second to none.
We've flourished because we're informed, careful and thorough in everything we do. We look at problems and potential solutions from all sides, and we consult openly and fully with clients and intermediaries.
For more than 25 years the Group's activities have been based in Bermuda, long before reinsurance was a major industry on the island. As a result, Citadel Reinsurance Company Limited is an established and well-respected presence in the market.
Latest News
Citadel has announced its consolidated results for the 9 months to 30 September 2009.
An after-tax profit of US$2,529,021 has been recognised, which represents a healthy turnaround after Citadel’s first ever loss in 2008, and more than recoups that loss in its entirety.
Full year results are expected to be announced by Friday 29 January 2010.
Citadel is also pleased to announce that it has been assigned a Financial Stability Rating ® (FSR) of A, Exceptional by Demotech, Inc. for 2009-2010.
