Mathew B. Sims is Editor-in-Chief and has authored, edited, and contributed to several books. He has been working in the insurance industry ensuring content is accurate for consumers who are searching for the best policies and rates. He has also been featured on sites like UpJourney.

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Dan Walker graduated with a BS in Administrative Management in 2005 and has been working in his family’s insurance agency, FCI Agency, for 15 years (BBB A+). He is licensed as an agent to write property and casualty insurance, including home, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like and Safeco. He reviews content, ensuring that exis...

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Reviewed by Daniel Walker
Licensed Auto Insurance Agent

UPDATED: Aug 24, 2020

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Company Details
Address: 245 Park Avenue, 33rd Floor
City: New York
State: NY
ZIP Code: 10167
Phone Number: +1 212-907-4700
Year Founded: 1980
AM Best Rating:
Company Rating 0 (0 reviews)

Things to Remember...

  • Suecia Auto Insurance is a property and casualty insurance company
  • Suecia Insurance is owned by a banking company located in Scandinavia
  • Suecia Insurance is managed in the USA by StellaRe Management Corporation

This Suecia Auto Insurance Company Review explores the Skandinaviska Enskilda Banken-owned property and casualty insurance company.

SEB is a primary banker in the Scandinavian markets and offers retail banking, merchant banking, wealth management, and insurance services throughout approximately 20 Northern European countries.

Suecia, which means “Sweden,” is a small property and casualty insurance company in the United States.

In Sweden, the company is known as Försäkrings AB Suecia or Suecia Insurance Corp. Ltd.

According to the New York State Department of Insurance, the company that is now Suecia Insurance Company was formerly known as Hansa Reinsurance Company.

After the company placed itself in a voluntary run-off in 1993, the company was purchased by the Suecia Holding Corporation, incorporated in Delaware.

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Suecia Insurance Company Products and Services

Suecia Insurance Company is licensed to underwrite property and casualty insurance policies in 16 states including:

  • Accident and health
  • Miscellaneous property damage
  • Fire and water damage
  • Burglary/theft
  • Personal property liability
  • Property damage liability

The company is also authorized to write fidelity and surety, workers’ comp, employers’ liability, motor vehicle and aircraft damage, marine/inland marine, and marine protection/indemnity insurance.

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Suecia Insurance Company’s Corporate Structure

According to the New York State Department of Insurance, Suecia Insurance Company is part of a group of companies including:

  • Suecia Re & Marine Insurance Company Ltd in London
  • Suecia Holding Corp. in Nanuet, New York
  • SEB Suecia Forsakringsaktiebolag in Stockholm, Sweden
  • Skandinaviska Enskilda Reinsurance SA in Luxembourg
  • Suecia Reinsurance Company in Toronto, Canada

About half of the company’s global premiums are written in Sweden, according to SEB’s financial information. The company is focused on the Baltic and Nordic markets.

DuB NOR, a large Norwegian banker, sold its mortgage loan portfolio to the bank in 2011 when it decided to exit that business.

Suecia Auto Insurance Company and StellaRe Management

Information about Suecia Insurance Company includes details of StellaRe Management Corporation’s involvement with the U.S. office.

According to the StellaRe Management Corporation website, the company was established to manage European reinsurers establishing themselves in the U.S. marketplace.

The company assists companies in both operating and run-off states.

As a business of a company known as the Dodson Companies, StellaRe assists insurers and reinsurers with accounting, claims, risk management, and underwriting management.

The company focuses on helping insurance companies become more profitable. Stella Re doesn’t underwrite insurance policies.

According to financial statements filed by Suecia Insurance Company, the Dodson Companies have been involved in some form of management since the insurance company was established in the United States.

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