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Red Sands Insurance Group White Logo

Financial Strength

The success of the Red Sands Insurance Group has been built on sound financial principles. We aim to deliver sustainable long term returns to our shareholders, partners and clients.

The group currently has assets in excess of £160,000,000 and always holds a significant margin above the European Union solvency threshold. Our financial strength is further enhanced through reinsurance support purchased from international reinsurers when required.

Solvency and Financial Condition Report (SFCR)

Solvency II became effective from 1st January 2016. From this date, we use Solvency II rules to calculate our capital requirements. These rules require us to publish an annual Solvency and Financial Condition report at the end of each financial year. 

> 209%

Group solvency cover ratio

12

Number of Partners

+ 3M

Number of Policies

£125M

Claims paid 2020

All facts and figures correct as of 31st December 2020.

Latest audited accounts

Listed below are copies of our latest audited accounts, they are available to download in PDF format.

Red Sands Insurance Company (Europe) Limited

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We welcome new opportunities.

Please contact us for more information on new partnership opportunities.