Ma Insurance, PartnerRe Renew Contract

Ma Insurance has recently renewed a contract it signed with PartnerRe’s French branch in 2016 as part of efforts to expand its international presence. According to a press release by the company, the renewal of the deal came after numerous trips were made to Switzerland and France by Ma’s representatives. Ma Insurance is affiliated with Bank Mellat, a privatized Iranian lender. PartnerRe SA provides reinsurance services for property, casualty, motor, agriculture, marine, aviation, space, catastrophe, credit surety, energy, engineering, special risks, life annuity and health. The company was founded in 1993 and is based in Pembroke, Bermuda. It is the seventh biggest reinsurance firm in the world.