The AERONAUTICAL insurance FOR ALMOST 70 YEARS
Foreword from the Chairman
After two particularly trying years, the aviation and space market finally seems to be bouncing back: the recovery of traffic, the reopening of borders and the return of personal and business travel are some of the encouraging signs that encourage us to be optimistic and open up new prospects for all stakeholders. Will 2022 be the year of renewal?
We would like to think so, and we are tackling this new chapter in history with ambition:
- An ambition driven by our group of financially robust and structurally sound insurers and reinsurers, who allow us to present a significant underwriting capacity to both the aviation and space markets.
- An ambition embodied by our teams, made up of men and women with a wealth of experience and passion, something that the arrival of Dzung Nguyen Tu as my Deputy CEO will only reinforce.
- An ambition multiplied by the trials we have overcome together, and that have once again confirmed our resolutely agile and innovative positioning in the service of our partners’ projects.
More than ever, we stand alongside our customers and insurance brokers around the world in order to give them the best service and valuable continuity in our approach to implementing their future projects.
Christophe Graber Chairman
WHO WE ARE
A PURE SPECIALIST & KEY GLOBAL PLAYER
For almost 70 years, we have been providing insurance and reinsurance solutions geared to the highest requirements of aeronautical risks and tailored to each of our clients’ specific needs. Being a historically French company founded in 1953, we operate worldwide. We have become one of the world’s top aviation and space insurance companies and, as a leading global player, we represent today a significant share in the overall market. Our headquarters are located in Paris, and we also maintain an office in the City of London.
We act as a pure specialist operating solely in the aviation and space insurance markets. As such, we serve a wide-ranging client base of airlines, aircraft, engine and satellite manufacturers, airports, satellite and launcher operators as well as the entire spectrum of general aviation participants. We bring our exclusive expertise in the fields of aviation and space insurance to our clients under two recognized and much appreciated brands, LRA and LRS.
Supported by high quality partners
We develop our business with the support of major insurance groups within strengthened legal entity framework as a result of the creation of the SAS REUNION AERIENNE & SPATIALE in 2016.
SAS REUNION AERIENNE & SPATIALE write, on the behalf of our principals, who are also insurers in their own right, a complete range of aviation and space risks through Paris and London underwriting platforms.
Generali and MMA (Covéa group), long standing partners, are shareholders of the company SAS REUNION AERIENNE & SPATIALE and members of the Economic Interest Grouping (EIG) La Réunion Aérienne.
SAS REUNION AERIENNE & SPATIALE was reinforced in 2018 with the entrance of PICC Property & Casualty, China’s major insurance company, and again in 2019 with the arrival of Helvetia Assurances SA, leading insurer in the Swiss market.
In 2020, we welcomed SMA Group, a well-known and 1st ranked insurer in the construction industry, historical player on the French market, as a fifth member.
Most importantly, our now five principals allow us to provide our intermediaries (agents and brokers) as well as our clients with a high level of financial security.