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ALD Re DACĀ is a subsidiary of ALD Automotive which provides vehicle fleet leasing solutions to corporates in 40 countries worldwide. In 2014 ALD Automotive breached the notable landmark of one million cars in the worldwide fleet.
ALD Re DAC provides reinsurance protection for the third party motor liability and motor own damage in 23 of these countries and currently provides reinsurance protection for in excess of 250,000 vehicles. ALD Re DAC commenced operations in 2006 and marked its 10th year of conducting business in Ireland in 2016. ALD Re DAC is regulated by the Central Bank of Ireland
ALD Automotive is a 100% subsidiary of Societe Generale.