Agile Reinsurance
Klapton Re was incorporated in Zambia to provide reinsurance services to complement other insurers and reinsurers in Zambia, Africa, the Middle East and beyond. Klapton Re comes with a considerable wealth of collective experience over many years in a diversity of business exposure from corporate governance to business management and technical application.
Klapton Re offers a wide range of products responding to the market needs to ensure the optimal protection of our customers. We have brokerage hubs across Africa to serve our customers better; hubs include Klapton Management Africa SARL (Cote d’Ivoire) and Klapton Reinsurance Brokers Limited (Kenya).
Here for You
Local reinsurance capacity
Strategically local headquarters and expertise to increase the financial capacity of the local industry to retain more risk locally
International experience
Klapton Re has linkages with existing regional hubs across Africa and the Middle East and is part of a global group of insurance companies.
Innovative underwriting
Klapton Re's heart is technology-focused solutions that automate underwriting procedures using data to give our clients the best solutions.
Financial weight & capital
Klapton Re, through its partners and board, boasts decades of experience in investing, forming and controlling insurance and reinsurance brokers in different parts of the world and total planned investment capital of USD 3.5 million.
Unique solutions for SMEs
We believe SMEs are the backbone for growth in our chosen markets; hence our business model focuses on select core activity lines and innovative SME product solutions carefully developed to help our customers succeed.
Prompt claim processing
Klapton Re's claims philosophy is driven by a concise framework for timely settlement and guides quality assurance. We pride ourselves on consistent sound decisions and applying fair, equitable, and objective claims handling principles.
Reinsurance specialities that adapt to your needs
Facultative Reinsurance
We offer maximum flexibility by covering against specific risks on a “cases by case” basis.
Treaty Reinsurance
With this broad offering, we can cover all, or a portion, of an insurer's risk.
Your trusted partner
Moody's
Caa3 with a stable outlook.
Bloomfield
International: A1- (short term) and BB- (long term)
Local: A1- (short term) and BBB+ (long term).
GCR
International: CCC (outlook stable) National: BB (ZM) (outlook stable)
Thought Leadership
Liability Insurance
To get to grips with liability insurance, you need to understand the difference between contractual and delictual liability. These legal terms for specific liability are also relevant to understanding the cover offered on insurance policies.
Case Study
Maritime Residual Value Guarantee
In June 2020, Klapton concluded the issuance of a Residual Value Guarantee Cover Note to a privately held ship owning entity.
Klapton Re Granted Regulatory Approval To Write Life and Health Insurance
We are pleased to announce that Klapton Reinsurance Limited has been granted regulatory approval by the Pensions and Insurance Authority (PIA) to write life and
Emerging Cyber Security Risks and the liabilities associated with same
Cyber-related security risks have become the more serious risks almost all companies face today, specifically companies who rely on technology or their client base and
Moody’s assigns Klapton Re Caa3 IFS Rating – (Outlook stable)
The Board are pleased to announce that Moody’s has assigned Klapton Re an initial Insurance Financial Strength (IFS) rating of Caa3 with a stable outlook.
