S&P Global Ratings upgrades Nacional Re’s rating to ‘A’

The agency believes that its expectations have been met regarding Nacional Re’s leadership development in the Spanish reinsurance market; the risk-adjusted capital at ‘AAA’ levels according to its own model; and a solvency ratio of 2.5 times the regulatory minimum.

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2018 annual accounts

The continued increase in resources, the satisfactory profit obtained and the conservative investment level reflect the Company’s strength, once again confirmed by the solvency ratings granted by S&P Global Ratings and AM Best.

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Summary of the 2018 financial statements

The portfolio in 2018 reflects a highly competitive position, with stable financial returns and a prudent and diversified investment policy.

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Geographical diversification

Nacional Re’s objective is to carry out prudent geographical diversification within the activity set out in its Strategic Plan, which focuses on the insurers located in European markets. The obligatory business portfolio comprised 340 cedants in 2017 (16% more than in 2016): 122 in Spain and 218 in other markets.

Customer service


We work together with our customers, regardless of their company size.


We provide customised reinsurance solutions both in Life and Non-Life.


We provide the obligatory and facultative ability at an overall level in the Spanish and European business.


We provide training and consultancy services in matters such as the launch or review of insurance products and technical assistance for underwriting and claims.

Forthcoming events

There are no upcoming Events at this time.

Recent news

Nacional Re organises a conference in Madrid on the life insurance underwriting business

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A.M. Best affirmed Nacional Re’s ‘A’ credit rating (Excellent) with a stable outlook

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ENTRE 2018 – presented the report called “El Reaseguro en España” (Reinsurance in Spain)

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