Garantia Insurance company Ltd

Garantia Insurance company Ltd is rated 3 out of 5 in the category insurance. Read and write reviews about Garantia Insurance company Ltd. Garantia is a Finnish non-life insurance company specialising in guaranty insurance. We are part of the Taaleri Group whose passion is to drive Finnish ownership. Garantia makes investments and deals happen and enables the accumulation of wealth. Garantia’s solutions for corporates include loan guaranties, commercial bonds, investment guaranties, portfolio guarantees for rental apartments and residual value guaranties. Garantia’s solutions for consumers include Takaamo- and Securent rent guarantees and residential mortgage guaranties that are offered to consumers via partners. In 2018, Garantia’s earned premiums were EUR 17 million, the combined ratio was 34 % and earnings before tax EUR 9 million. Insurance exposure was EUR 1.7 billion. Garantia’s solvency is strong and Standard & Poor’s has issued Garantia credit rating of A-. Average number of employees during 2018 was 25. Garantia's business practices are supervised by the Finnish Financial Supervisory Authority. Garantia is a wholly-owned subsidiary of Taaleri Plc and part of the Taaleri Group. Taaleri is a Finnish financial service company, whose parent company Taaleri Plc is listed on Nasdaq Helsinki's, Finland, main market. The Taaleri Group comprises three business areas: Wealth Management, Financing, and Energy. In addition, the Group makes investments from its own balance sheet. At the end of 2018, Taaleri had assets under management totaling EUR 5.7 billion and 5,400 wealth management customers. Taaleri Plc has some 4,100 shareholders. Taaleri’s operations are supervised by the Finnish Financial Supervisory Authority.