Subscribe to our e-newsletter to receive exclusive analysis, product/service updates and insights of the Reinsurance industry from Klapton Re.
E-newsletter is usually sent quarterly.
We never share your data with third parties and you can unsubscribe at anytime.
During the second quarter ending 30 June 2022, Klapton Re continued a good trajectory after exceeding a gross written premium of ZMW 260 million. Most excitingly, Klapton Re achieved yet another milestone of being rated by Moody’s, demonstrating the company’s commitment to assuring our customers of strong and reliable brand security.
Klapton Re also attended the 48th AIO conference and general assembly, a great platform that facilitated fruitful networking for growth. We are confident of growing our footprint across our chosen markets with more collaborations and onboarding of partners across Africa, the Middle East, Asia and Latin America. Finally, we appreciate the continued acceptance and support from local and international market brokers and cedants.
Read Full Newsletter
Klapton Re started 2022 with a strong performance writing K117m as of 31 March. This result follows business onboarding from the Asian and Latin American markets. We want to thank our clients, staff, hubs, and other stakeholders for this result.
Further, we share our Annual Report, which highlights our key achievements for 2021 and presents our strategic growth intent for 2022 and beyond. We remain excited at the opportunities presented in the market and are keen to establish Klapton Re as a solid and reliable player for both treaty and facultative business in Africa, the Middle East, Asia and Latin America.
Klapton Re got off to a great start in 2021. We began operations on October 1 and, by the end of the year, wrote premiums totalling ZMW 16.7 million. This result was all facultative business and only from our African market.
As part of our setting-up process, we recruited an energetic team with a fine mix of skills and experience in all the organisation’s core functions, namely, underwriting, claims, finance, ICT, and risk and compliance. We also secured prime office space at Green City in Lusaka, Zambia. Furthermore, the purchase and successful implementation of our core system, SICS NT, which costs close to a million dollars, is another significant milestone that enables us to service our customers effectively and efficiently. Additionally, we launched our website and social media platforms.
Green City Office ParkDanny Pule RoadRhodesparkLusaka, Zambia
email@example.com+260 211 222 696
Designed by CHISENGA