Aurigen was formed in 2007 and commenced operations in August 2008. We now maintain offices in Canada, the U.S.A. and Bermuda.
We assume life and health reinsurance risks from customers through our subsidiaries. Our core business is the reinsurance of individual life insurance policies, both recurring business and in force block transactions.
Aurigen’s guiding principles are to:
- Be attentive and responsive to customer risk and capital management needs and objectives;
- Develop and maintain industry leading expertise in risk analysis to the benefit of our customers and shareholders;
- Build and maintain a balanced and well diversified portfolio of life and health reinsurance.
The three fundamental components of Aurigen’s corporate character are Empathy, Creativity and Discipline. Our name is derived from these characteristics. We believe that by applying a creative approach in a disciplined and empathic manner we will be a valued reinsurance partner.
Aurigen offers a fresh perspective to the life and health reinsurance market – a lean organization of seasoned professionals who listen actively and respond quickly, delivering creative solutions backed by rigorous analytical methodology.
At December 31, 2011, Aurigen had life reinsurance in force in excess of CAD $25 billion, consolidated assets in excess of CAD $350 million and a financial strength rating from A.M. Best of A- (Excellent).