About the Group
The brand name Challenge Group consolidates five companies providing its clients with a comprehensive and complex range of professional support services in the fields of reinsurance broking, reinsurance companies' and captive management, actuarial analyses and international consultancy.
Challenge Group Inc is the holding company and the main entity of the Group. It was incorporated in 2007 having its physical office at: Level 6F, Main Office Tower Financial Park Labuan Complex, Jalan Merdeka, 87000 W.P. Labuan, Malaysia.
The authorized capital of the Company – 150,000 US dollars.
CEO of the Company is Charles J. Catt
Appointed Auditors – Moore Stephens www.moorestephens.com
Challenge Group Inc is licensed to conduct broking activity approved by the Ministry of Finance of Malaysia and specializes in reinsurance broker services, risk management, actuarial analyses and international consultancy.
The Company is an active member of Labuan International Insurance Association - LIIA.
Challenge Group Underwriters & Managers (L) Inc is a 100% owned subsidiary of Challenge Group Inc and was established in 2008, having its physical office at: Level 6F, Main Office Tower Financial Park Labuan Complex, Jalan Merdeka, 87000 W.P. Labuan, Malaysia.
The Company holds Underwriting Management and Master Rent-a-Captive licenses and specializes in reinsurance companies' management, Captive/Rent-a-Captive and underwriting management
The authorized capital of the Company – 250,000 US dollars.
CEO of the Company is Ahmed Farouk Aripen
Appointed Auditors – Moore Stephens www.moorestephens.com
Challenge Group Underwriters & Managers (L) Inc is an active member of Labuan International Insurance Association - LIIA.
Reinsurance Recoveries Ltd is an integral part of the group. The Company is registered and based in the UK and specializes in providing worldwide claim recovery services related to disputed claims with reinsurers.
Challenge Group Insurance Consultants and Brokers Ltd, founded in Moscow, Russia, is a 100% owned subsidiary of Challenge Group Inc .
The Company has its registered office at Tverskaya st.12, bld.9, office # VII, 125009 Moscow.
The Company holds a license to conduct broking activity approved by the Ministry of Finance of Russia and is focused on providing insurance/reinsurance broker services and consultancy support for the Russian insurance market.
CEO of the Company is George Lavrishchev
Challenge Group Appraisal Ltd was incorporated in 2011 as a specialized appraisal company to support the clients and partners with insurance/reinsurance placements of agricultural risks.
The Company has its registered office at Tverskaya st.12, bld.9, office # VII, 125009 Moscow.
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