PREMIUM Insurance Company Limited is an insurance and reinsurance company that was established in Gibraltar in 2015 and licenced to conduct insurance activities in 2016 by the Gibraltar Financial Services Commission. Following the decision of the United Kingdom to withdraw from the EU, the Company was re-domiciled in Malta to maintain access to the European single market. Premium received authorisation from the Malta Financial Services Industry in March 2019.In 2022, the company widened its Freedom of Services territories to include Germany, Austria, Hungary, Poland and Croatia with the intent to capture risks in these territories with Slovak and Czech interests.
The sole owner of the insurance company is the Slovak company PREMIUM INVESTMENT GROUP, s.r.o. PREMIUM Insurance Company Limited is currently registered with the Registrar of Companies in Malta under registration number C 91171 with its registered office at Level 3, CF Business Centre, Triq Gort, STJ 3061, St Julian's, St Julian's, Malta.
PREMIUM Insurance Company Limited has been operating in the Slovak market since 2016 through its branch PREMIUM Poisťovňa Slovakia offering insurance solutions for corporate clients, insurance for entrepreneurs, home insurance for individuals and home insurance for residential buildings. "We provide innovative and superior level of service to our clients. We have the knowledge, experience, and expertise to understand and deliver solutions adapted to the needs of our clients. "PREMIUM Insurance Company Limited entered the Czech Republic Market in 2017 and has recently expanded its presence in this market through the establishment of its branch, PREMIUM Pojišt'ovna, Czech Republic in October 2023. The insurance company offers a wide range of products for corporate clients in the Czech market, ranging from property, machinery, business interruption and various types of liability insurance. It is gradually expanding its non-life insurance services to other market segments.
Since its inception, the insurance company has focused on building relationships and developing cooperation with insurance intermediaries. "We are aware that our business is largely dependent on relationships with partners, clients and other insurance companies. Therefore, we strive to build relationships based on trust and openness. We are and want to be a reliable partner.
Financial stability, solvency and sufficient insurance capacity are important pillars of an insurance company. Our reinsurers Swiss RE, Hannover Re, Polish Re (a member of the Fairfax financial group), VIG Re, which are part of a reinsurance program with a minimum rating of "A" by the international rating companies Standard & Poor's and AM Best, help significantly to meet the requirements of solvency and financial strength.
PREMIUM Insurance Company Limited is authorised and supervised by the Malta Financial Services Authority.