Olympus Reinsurance &
Financial Stability
Reinsurance is often referred to as "insurance for insurance companies". It's a way of transferring some of the financial risk we assume to another insurance company, the reinsurer. All of Olympus’ reinsurers are AM Best Rated A- or better, or are fully collateralized.
Olympus is a leader in the Florida Home
Insurance Industry.
To withstand claims and catastrophic events such as hurricanes, it is crucial to have a geographically diverse portfolio, solid underwriting practices, and reliable financial support. Our Catastrophe Excess of Loss Reinsurance Program is consistently placed with top reinsurance partners worldwide. When it comes to catastrophe reinsurance, the amount purchased is just as important as the partners chosen. We go beyond covering a 100-year storm, ensuring extra protection to honor claims during the most severe catastrophic situations.
Olympus
Reinsurance
Olympus customers can trust in our unwavering commitment: We offer stable products, excellent service, and the assurance of a dependable company ready to support them during challenging times. Above all, they can rest assured that Olympus will remain a steadfast presence, weathering any storm that comes our way.
Some common purposes for reinsurance are:
BBB+
rating
Olympus is proud to earn the BBB+ rating, after providing KBRA complete transparency of all operations, product offerings, strategic plans, and financials. This rating affirms Olympus is stable and secure, positioned for a successful future.
Established in 2010, Kroll Bond Rating Agency, LLC (KBRA) is a global full-service credit rating agency whose mission is to set a standard of excellence and integrity. KBRA remains dedicated to the restoration of trust in credit ratings by creating new standards for assessing risk and by offering timely and transparent ratings. KBRA has 500+ employees worldwide and has issued over 61K ratings, covering firms with a total of $3 trillion and rates many insurance companies.