In 1977, several insurance executives created “Reaseguradora del Ecuador S.A.”, an entity formed by twelve Insurance Companies to carry out this type of activity in the country with Ecuadorian capital.
In the beginning, the management was assumed by Dr. Eduardo Peña Triviño who remained in charge until 1995.
As of 1996, the management was assumed by Ing. Omar Espinosa Romero who remains in charge until today.
In 2016, Hannover Re through Funis GMBH & CO. KG acquires 30% of the shares of Reaseguradora del Ecuador, strengthening our excellent position in the current market and providing support in the growth strategy