Trust Insurance Management (TIM) is a wholly owned subsidiary of Trust Re, functioning as a Lloyd’s Coverholder and Underwriting Agent for well-rated insurers and reinsurers. TIM’s operations provide significant benefits to Trust Re, such as access to Lloyd’s expertise in specialty insurance classes like Cyber, additional capacity for Trust Re’s business expansion, and the strong financial ratings of the capital providers.
Trust Underwriting Limited is a wholly owned UK-based subsidiary of Trust Re. Its primary activity is providing corporate capital to various Lloyd's syndicates, participating in the Lloyd’s market.
Amongst its operation as a Reinsurer and being expert in the Oil & Energy related classes of business playing a leading role in the Afro-Asian markets, Trust Re was appointed to manage FAIR Oil & Energy Insurance Syndicate (the Syndicate), an entity established in 1999 under the wings of the Federation of Afro-Asian Insurers & Reinsurers (FAIR) Since taking on this responsibility, Trust Re has committed substantial resources and expertise to the development and growth of the Syndicate. Through proactive management, robust governance, and deep technical capabilities, Trust Re has successfully positioned the Syndicate as a reliable and recognized reinsurance capacity in the Afro-Asian markets. The Syndicate has gained wide recognition for its financial strength, underwriting discipline, and operational reliability, providing meaningful support to its Members, Non-Members and brokers. In 2015, the Syndicate became the first entity of its kind to be rated by A.M. Best, a reputable international rating agency with current upgraded ratings of: FSR B++ (Good) and ICR bbb (Good). Both ratings are Stable. For more information, please visit the Syndicate website at: Foeis.com