The Federation of Afro-Asian Insurers and Reinsurers (FAIR) is pleased to announce the admission of Active Capital Reinsurance, Ltd. (Active Re) as its newest member—marking a significant milestone as the first FAIR member from Barbados.
This new membership is not only geographically symbolic—it is strategically transformative. As a high-performing global reinsurer with deep technical capabilities, Active Re brings a wealth of expertise, innovation, and international perspective that directly contributes to FAIR’s mission of strengthening Afro-Asian insurance cooperation and capacity.
Founded in 2007 and licensed by the Financial Services Commission (FSC) of Barbados, Active Re serves clients in more than 135 countries, with its headquarters in Barbados and offices in Panama, Miami, and Madrid. Its multicultural team operates across 18 cities and 12 countries, enabling localized insight with global standards—an approach that aligns closely with FAIR’s vision of dynamic, cross-regional collaboration.
Active Re’s entry into FAIR broadens the Federation’s global connectivity, offering members new opportunities for knowledge exchange, risk-sharing, and access to alternative reinsurance markets—particularly in the Caribbean and Latin America. Its technical excellence in underwriting, actuarial analysis, and risk advisory services enhances the collective expertise available to FAIR members.
In August 2024, AM Best affirmed Active Re’s Financial Strength Rating of “A” (Excellent) and Long-Term Issuer Credit Rating of “a” (Excellent), both with stable outlooks. These ratings reflect the company’s prudent risk management, robust capital base, and consistent profitability—qualities that strengthen financial credibility and trust within the FAIR community.
“We are honored to welcome Active Re to the FAIR family,” said Mo'men Mukhtar, FAIR Secretary General. “This membership enriches our Federation by introducing a unique blend of Caribbean perspective and global reinsurance strength. Active Re’s track record, technical leadership, and growth mindset will undoubtedly create added value for our members across Africa, Asia, and beyond.”
With a portfolio spanning Affinity, Group Life, Property, Energy, Credit & Surety, Marine, and Financial Lines, among others, Active Re represents the kind of forward-thinking, diversified institution FAIR seeks to engage as it expands its reach and impact across emerging and established markets alike.