all
about
us
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90 sec.
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21M +
Policies sold
3.1 M +
Claims handled
24
/
7
Customer Support
29 +
Years of experience
We care about it
so that you don't have to
Insurance that covers Your lifestyle!
We believe that life is really simple!
The goal is to be happy and loved for the longest time possible while spending time with the people you care about. Our team consists of the brightest minds of insurance business that will make sure that you won’t ever have to sweat the small stuff.
We like to define our company by our clients - you set the rules and we play by them. Take us with you on your ski trips with your family, roadtrips with your friends, dinner parties and wherever else the world takes you.
Life is a constant flow – subscribe to insurance whenever and wherever you need to. Cancel your subscription anytime, anywhere. We will take care of the rest!
Balcia
dream team
global
Open
dynamic
care
believe
build
We are
We do
Balcia
management
team
our best team leaders
AND 300+
Cool
People
quick facts
We have built our success story step by step. Decades of dedicated work and accumulated experience have created the Balcia Insurance you see today. Flexible in its approach, quickly responds to the needs of each specific market, focusing on non-life insurance products and services according to people's needs.
Our journey into the insurance world has just begun in a new way! With new perspective and vision in the market by developing products and services based on people needs and technology point of view - we are proud to announce our newest way of buying , canceling insurance products and developing new tendencies in the insurance market.
Financials
Quarterly reports are prepared and published in accordance with the Latvian Financial and Capital Market Commission Regulations No. 147 of 31.08.2016 on financial reporting requirements for insurers.
Annual reports are prepared in accordance with IFRS and are audited by KPMG.
Public Quarterly Reports
Public Quarterly Reports
Public Quarterly Reports
Public Quarterly Reports
Public Quarterly Reports
Public Quarterly Reports
Public Quarterly Reports
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Public Quarterly Reports
re
insurance
Balcia has an effective and safe reinsurance policy.
We have Quota Share and Excess of Loss reinsurance agreements for large exposures as well as potential loss accumulation.
Risks are diversified by distributing them among several reinsurers. Balcia works with well-known international reinsurance companies of flawless reputation.
Most of the reinsurers have S&P Global or A.M. Best rating above A-.
THE LARGEST REINSURANCE PARTNERS OF BALCIA IN 2024
Reinsurers
| Reinsurer | Reinsurer’s rating | Rating agency | Reinsurer’s country of registration |
|---|---|---|---|
| SWISS RE EUROPE S.A. | AA- | S&P Global | Luxembourg |
| DEUTSCHE RUECKVERSICHERUNG AG | A+ | S&P Global | Germany |
| GENERAL REINSURANCE AG | AA+ | S&P Global | Germany |
| VIG RE ZAJISTOVNA, AS | A+ | S&P Global | Czech Republic |
| SCOR SE | A+ | S&P Global | France |
Reinsurance brokers
| Brokerage company | Service | Country of registration |
|---|---|---|
| AON DENMARK A/S | Reinsurance mediation | Denmark |
| GUY CARPENTER & COMPANY GMBH | Reinsurance mediation | Germany |
Balcia contacts
Office
Al. Jerozolimskie 96
00-807 Warszawa, Poland
8:00 – 18:00 (UTC+01:00)
Registration Data
Branch in Poland
entered in the National Court Register under no. 0000493693
NIP 108 001 65 34
REGON 147065333
Headquarters
63 K. Valdemara
Riga, LV-1010, Latvia
Monday - Friday 7:30-16:00 (UTC+01:00)
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