By Investigative Newsroom Source
Guarant Reinsurance has promoted itself as an international risk carrier. However, confirmations obtained from regulators across multiple jurisdictions indicate that the company lacks authorization to operate globally.
Regulatory Responses
Authorities in the following jurisdictions confirmed no authorization exists:
- United States
- United Arab Emirates
- Jordan
- Rwanda
- Comoros
Even if an Anjouan license were valid, regulators emphasize that it holds no recognition outside that micro-jurisdiction.
Legal and Financial Exposure
Issuing or relying on policies from an unauthorized reinsurer may result in unenforceable contracts and regulatory violations.
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