Trust International Insurance and Reinsurance Company B.S.C. (c) 'Trust Re' is a closed joint stock company registered in the Kingdom of Bahrain, with authorised capital of US$ 500 million, and issued and paid-up capital of US$ 250 million. It is regulated by the Central Bank of Bahrain, as a locally incorporated reinsurance firm with License Number LII/023 and Commercial Registration Number 11503/July 1981. Our Company comprises over 280 employees located in our Bahrain Head Office and Branch Offices in Cyprus and Labuan, Malaysia. We also have a Representative Office in Morocco, operating under the Casablanca Finance City and a Liaison Office in India.

Our geographical scope includes the Middle East, Africa, Asia, CEE, SEE, Russia and CIS countries. Trust Re provides reinsurance protection to many leading direct insurance companies in its geographical area of operation, in the form of annual Treaties on proportional and non-proportional bases with a sizable underwriting capacity. We offer Facultative reinsurance in the following classes: Oil & Energy (offshore and onshore), Marine Hull & Cargo, Alternative Energy, Property, Engineering, Specialty Lines, Aviation and Surety. Our service offering has been expanded to include Life and Health reinsurance.

We enjoy strong relationships with blue-chip, international reinsurers. This further enhances our security, already provided for by our strong capital position.
Vision, Mission, Values
Our vision is to become "Reinsurer of Choice" and our mission is to be innovative in providing reinsurance solutions and prompt responses, always. Our brand values (Trust, Dynamic, Team Spirit) help shape our image, communicate in a clear and consistent way and influence how we are perceived so that we can push our business forward.
Corporate Social Responsibility
As a multi-cultural international organisation, we at Trust Re are aware that we operate within a variety of cultures amongst diverse communities. The Company has been fortunate and experienced a degree of prosperity over the years. We believe that we should try to share some of our good fortune with those less fortunate. As a result Trust Re has a lively Corporate Social Responsibility programme to support initiatives and ensure a promising future for generations to come.

Internally Trust Re has introduced a Document Management System to move towards a predominantly paperless workplace and we are introducing an extensive recycling initiative.
Nest Investments Holdings Ltd.
Our parent company Nest Investments (Holdings) Limited has been in existence for more than 20 years. Its group of subsidiaries, associates and affiliates operate in over 23 countries in North America, Europe, Africa, The Middle East/Gulf Region and Asia Pacific. The Group's assets surmount US$ 5,100m and its annual turnover is in excess of US$ 620m.

Combining a wealth of industry experience and expert knowledge, Nest operates in the fields of Insurance, Reinsurance, Reinsurance Broking, selected Real Estate Developments, Banking and World Trade Center operations.

www.nestco.org
Corporate Governance
Our People
ERM
Trust Re aims to ensure an appropriate risk-reward balance in all of the Company’s risk taking activities. This requires a robust Enterprise Risk Management (ERM) framework which is embedded throughout the business. We therefore base our risk management on the following guiding principles which we apply across all risk categories throughout the Company.
CONTROLLED RISK-TAKING
Choosing risks wisely which create value and build customers’ trust, are central to Trust Re’s value proposition. As a result we work together within a clearly defined risk control framework, which includes adherence to our Risk Appetite and operating within carefully considered Risk Tolerance limits.
EFFECTIVE STRATEGIC RISK MANAGEMENT
Consistent execution of risk-rewards analysis is an integral part of Trust Re’s decision making process. The Company’s Risk function is therefore mandated to ensure effective integration of Risk Models into the organisation and risk-return Optimisation decision making process.
CLEAR ACCOUNTABILITY AND RESPONSIBILITY
The Company operates on delegated and clearly defined authority levels. All individuals are accountable for the risks they identify and/or assume. These are aligned with the overall Company’s objectives and are embedded in the risk management process.
PROTECTION OF COMPANY’S BALANCE SHEET FROM SHOCK EVENTS
The Risk management function monitors the Company’s risk-taking activities including emerging risks and risks not in our data. Our risks evaluation process also includes the analysis and understanding of the financial impact and business implications from the potential occurrence of infrequent large events.
INDEPENDENT RISK-BASED AUDIT
An independent risk-based internal audit is performed at all levels and operations of the Company. This covers all risks and internal controls identified in the risk register as well as additional testing so as to ensure adequacy of internal controls.