Fires burn both clients and insurers

Publications

Insurers should bear in mind that fire claims are always large Two very serious fires over the last insurance period has made it very clear to insurers in South Africa and perhaps further afield in the reinsurance industry the real danger that these large fires can present in terms of insured losses as well as […]

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Klapton mining assistance program – strong flows in 2017

Publications, Shay Reches

Gold mines in 6 countries have benefitted from Klapton Insurance assistance Over the course of 2017 Klapton has generated significantly increased activity in its mining assistance guarantee program, primarily in Africa sub-saharan countries. 15 gold mines in 6 countries have benefitted from Klapton’s assistance in arranged heavy yellow equipment purchase and offtake pre-funding agreements with […]

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Ghana: Hopeful month, Shaky season

Publications, Shay Reches

Resolution of border dispute with Ivory Coast is a boost for Ghana. Image courtesy of TULLOW OIL PLC The good news is that Tullow Oil will resume drilling in Ghana after the resolution of the border dispute with Ivory Coast that has halted expansion of an important new field for two years. An international tribunal […]

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Klapton Insurance attends conference of the OESAI (Organisation of Eastern and Southern African Insurance)

Announcements, Shay Reches

Jerry Pinkus, Reinsurance director at Klapton Insurance Company Limited attended this year’s annual conference of the OESAI (Organisation of Eastern and Southern African Insurance) took place in Cape Town, South Africa between 27th august-30th August 2017. The OESAI registered over 350 delegates from 37 different countries from three continents. Through this Klapton Insurance were able […]

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2016 financial statements published

Announcements, Shay Reches

Klapton Insurance Company Limited concluded the regulatory audit of its 2016 financial statements by the OFA (Anjouan Offshore Finance Authority) after the final approval by Klapton’s board of directors. Rob Bygrave, the CFO of Klapton, commented that the 2016 results for Klapton show another profitable underwriting result for the year. Klapton continues to maintain a […]

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