Aurinko Re

Global Specialty Reinsurance MGA

Achieve success through our strategic partnership. Aurinko Re operates as a specialized Surety reinsurance MGA, combining underwriting discipline, actuarial rigor and deep market relationships across Europe and Asia.

01 Executive Overview

Aurinko Re is a Specialized Reinsurance MGA , founded in Madrid in January 2026 operates within a robust regulatory framework and is subject to supervision by the Dirección General de Seguros y Fondos de Pensiones (DGSFP) in Spain; with authorisation number RJ0123.

Executive Summary

Aurinko Re combines reinsurance underwriting, actuarial capability, market intelligence and long-standing relationships with carriers, reinsurers and regulators to identify and structure high-value treaty opportunities under a disciplined appetite.

We operate as a specialized Reinsurer-MGA with a clear focus on Surety reinsurance treaties. Our approach blends technical analysis, placement discipline and long-term partnership thinking.

Team & Network

  • Reinsurance underwriting expertise
  • Actuarial & technical capabilities
  • Market intelligence and benchmarking
  • Long-standing relationships with leading carriers, reinsurers and regulators

This combination allows us to navigate complex markets, secure optimal capacity and deliver disciplined underwriting performance as a trusted partner for sustainable, profitable growth.

Reinsurance Support Partners

AURINKO RE works with leading international reinsurance partners to provide secure capacity and strong financial backing.

AmFirst

AmFirst Specialty Insurance

USA Reinsurer

Rated A- (Excellent) by A.M. Best.

Patria Re

Patria Re

Rated A (Excellent) by A.M. Best.
Rated A- (Strong) by Fitch Ratings.

02 Surety Capacity

Core Lines of Business

Aurinko Re is a specialised reinsurance MGA focused on Surety reinsurance.

  • Surety Reinsurance
  • Treaty & Facultative structures

APAC Markets

APAC Region

EMEA Markets

EMEA Region

Geographical Scope

We operate across EMEA and APAC, combining technical underwriting discipline, actuarial capability and strong market relationships.

  • EMEA markets
  • APAC markets
  • International broker and reinsurer network

Surety Expertise

Our underwriting focus includes a broad range of surety classes, including construction, advance payment, customs, tax, renewable energy and other commercial bond solutions.

03 Mission & Vision

Mission

To provide disciplined and structured Surety reinsurance solutions in profitable portfolios which support sustainable growth.

Mission Vision

Vision

To be a trusted reference in Surety reinsurance, recognized for underwriting excellence and long-term partnerships.

04 Our Value Proposition

Reinsurance Strategies

Tailored treaty structures adapted to portfolio profile, retention objectives and capital needs.

Underwriting Discipline

Clear underwriting guidelines aligned with growth strategy, tenors, exposure limits and profitability targets.

Market Relationships

Strong relationships across insurers, reinsurers and brokers to support efficient placement and trust.

Transparent Performance

Real-time monitoring mindset, data visibility and structured reporting that align interests across stakeholders.

Direct Reinsurer vs MGA Partnership

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05 MGA Review & Team

Underwriting Guidelines

Alignment with your growth strategy

Respect of tenors and target profitability

Capacity Needs

Capital adequacy for exposures

Profitability Forecast

Scenario modelling and stress tests

Team Expertise

Multidisciplinary team combining underwriting, actuarial, data and claims capabilities.

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Leadership Team

Yamilet Morote-Jagut

Foto Yami
Chief Underwriting Officer – Co-founder

Mastère en Management financier international.

Green Belt Six Sigma

+30 years international experience

Senior Reinsurance Underwriter in Surety, Credit, Mortgage & Political Risk. Experience at General Electric, CESCE , QBE Europe Insurance, Arundo Re, Beazley Re (Lloyd’s syndicate)

Based in Paris, France.

Mobile: +33 645 55 43 60

Email: yamilet.morote@aurinkore.com

Cristina Rivas

Foto Cristina
Chief Executive Officer – Co-founder

Master of Science (MS) in Actuarial Science.

25+ years of experience with senior roles at Swiss Re and Nacional de Reaseguros, managing portfolios over EUR 360 million.

55M+ in intermediated premiums across all reinsurance lines.

Based in Madrid, Spain.

Mobile: +34 637 535 132

Email: cristina.rivas@aurinkore.com

06 Portfolio Assessment & Management

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Risk Evaluation of Cedants

  • Portfolio quality assessment
  • Segmentation by product, geography, risk type, tenor and political risk
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Performance Analysis

  • Actuarial models
  • Loss ratio, combined ratio, benchmarks
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Data Collection

  • Underwriting data, loss ratios, exposure
  • Bordereaux management

07 Reinsurance Strategy & Placement

Structures

  • Quota Share: proportional sharing of premiums and losses
  • Excess of Loss: protection against large individual losses
  • Stop Loss: aggregate protection for portfolio volatility

Strategic Approach

  • Define objectives: balanced surety portfolio
  • Structure selection: match risk profile to reinsurance appetite
  • Retention optimization: balance retained vs. ceded risk

08 Monitoring & Positioning

Monitoring & reporting

  • Monthly bordereaux and structured portfolio reporting
  • Claims reporting and KPI monitoring
  • Quarterly portfolio reviews, stress testing and strategic adjustments

Competitive advantages

  • Advanced analytics and modelling
  • Underwriting discipline and governance
  • Transparent reporting and reinsurer trust
Direct Reinsurer: broader platform, but often less specialized and less agile in niche treaty execution.
MGA Partnership: specialist focus, flexible execution model and closer portfolio stewardship.
Aurinko Re model: reinsurer-level technical rigor with the agility and proximity of a focused MGA partnership.

Let’s build a resilient and profitable
reinsurance portfolio together