- To provide best services to the local insurance industry in order to check outflow of foreign exchange, to the maximum possible extent
- To develop good business relations with other reinsures
- To train its people according to fast changing business market requirements as well as to provide them with the ideal working environment
- To share risks and preserve resources by providing reinsurance facilities to the insurance companies
- To assist in the development of the national insurance industry
- To enhance domestic retention capacity in the country in order to save valuable foreign exchange