# Global Reinsurance Corporation of America

Global Reinsurance Corporation of America is an Insurance based in New York, United States.

## Overview

- **Organization type:** Insurance
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 1963
- **Assets under management:** Undisclosed
- **Website:** https://globalre.com
- **LinkedIn:** https://linkedin.com/company/global-reinsurance-corporation-of-america

## Regulatory record

- **Reports private funds:** No

## About

Global Reinsurance Corporation of America is a US-based insurance company with headquarters in New York. It oversees approximately $268 million in assets across three funds, primarily focused on North America.

## Sectors

- Insurance
- Real Estate
- Fixed Income
- Public Equities
- Private Credit

## Questions

### Does Global Reinsurance Corporation of America still underwrite new policies?

No. GRCA ceased active underwriting and now operates exclusively as a legacy runoff platform. Its sole function is to manage and settle incurred claims from its historical book of casualty and property reinsurance business until all liabilities are extinguished.

### Who ultimately owns and controls Global Reinsurance Corporation of America?

Since 2019, GRCA has been a wholly-owned subsidiary of Randall & Quilter Investment Holdings Ltd., a publicly traded legacy insurance acquisition and management specialist. Prior to R&Q, the entity was held by AXA Liabilities Managers, a legacy unit of the AXA Group.

### What types of assets does GRCA hold to back its runoff liabilities?

The investment portfolio is structured to prioritize capital preservation and stable income to meet claims obligations. The primary sleeves include a statutory bond portfolio, a diversified common stock portfolio, and a book of mortgage loans on real estate, which includes mixed-use property exposure.

### How does GRCA source returns as a runoff entity?

As a closed book, GRCA does not grow via new premiums. Value is generated by managing claims costs below initial actuarial projections, securing commutations at favorable rates, prudently investing statutory reserves, and ultimately releasing surplus capital back to its parent, R&Q, once all liabilities are satisfied.

## Related profiles

- [Global Portfolio Services](https://altss.com/profile/global-portfolio-services)
- [Global Retirement Partners](https://altss.com/profile/global-retirement-partners)

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Last updated: 2026-06-03T20:00:00.000Z

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