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Understanding the Factors Behind Successful Claim Settlements – Part I
Expeditious settlement of valid claims stands out as a vital function that reveals the trustworthiness of individual insurers/reinsurers and sheds light on the overall values
What Can We Expect on the Regulatory Front in the Last Half of 2023 in South Africa?
The financial services industry, including the non-life insurance industry, has commented on several draft regulations and items of legislation over the last year. I will
Moody’s upgrades Klapton Re to Caa2 IFS Rating – (Outlook stable)
The Board is pleased to announce that Moody’s has upgraded Klapton Re’s Insurance Financial Strength (IFS) rating to Caa2 from Caa3, and the outlook remains
Impact of Zambia’s Debt Restructuring on the Insurance Industry
On 22 June 2023, the Zambian government announced that it had agreed on a comprehensive debt treatment with its official creditors under the G20 common
Underwriting Considerations for Decennial Liability
When writing decennial liability insurance as an underwriter, there are several considerations that need to be taken into account. Here are some of the key
Klapton Re is assigned Demotech Financial Stability Rating of S, Substantial
The Board is pleased to announce that Klapton Re has been assigned a Demotech Financial Stability Rating (FSR) of S, Substantial from Demotech, Inc., a
What is Decennial Liability Cover
Decennial liability cover is a form of insurance commonly used in the construction industry. It protects contractors, architects, and engineers against any damages or defects
Corporate Governance within Financial Service Companies
For some time now we have long been hearing about the necessity for proper corporate governance within large companies, following some very high-profile collapses of
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.
Digital Transformation in the Covid Era
In March 2020, the World Health Organization (WHO) declared the coronavirus disease 2019 a global health pandemic. Over the past two years, the disease, commonly
