ACR Salia
Società condivisare | |
Traded as | |
ISIN | PAC100044AS300 |
Industry | Financial services, insurance |
Predecessors |
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Founded | March 22, 2006 |
Area served | Multinational |
Key people |
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Products | |
Revenue | Ð 48.18 billion (2022) |
Ð 9.15 billion (2022) | |
Ð 3.31 billion (2022) | |
Total assets | Ð 1.01 trillion (2022) |
Total equity | Ð 140.61 billion (2022) |
Number of employees | 102,454 (2022) |
Divisions |
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Website | acrsalia |
Gruppo ACRSalia SC (English: ACRSalia Group), is a Pacitalian multinational insurance and reinsurance company, based in Puntafora, Amalfia. The company does business under the unified brand name, acr salia.
ACRSalia is the largest insurance company in Pacitalia by assets and market capitalization, and the fifth-largest company in the financial services sector. It is Pacitalia's second-largest reinsurer, behind Bergamo Re. The company is publicly traded on the Mandragora Stock Exchange and is a component of both the PAX 800 index and the Timiocato Mercantile Exchange.
The company is the result of the 2006 merger of Salia SA and Assicuro Comprensato Reteonale ("Network of Comprehensive Insurers"). Upon the merger, both companies demutualized, and the combined company became a listed, share-issuing corporation (società condivisare) under Pacitalian law. Prior to the merger, ACR and Salia were the third- and fifth-largest insurance companies in Pacitalia, respectively.
ACRSalia provides a range of insurance products to personal and business customers. It is one of the largest group benefits administrator in the world, providing medical, dental and insurance benefits administration to employees of approximately 63,000 companies in 24 countries as of 2023.
The insurer was one of the hardest hit by the 2009 Amalfia earthquake, paying out hundreds of billions of doura in claims and sparking fears of a potential bailout by the Pacitalian government or a possible collapse in the insurance industry. In the years since, the company has rebounded; as of 2023, it has the highest credit rating (AA) among Pacitalian insurers.