Klapton improves investment grade international scale credit rating with Bloomfield

Announcements, Rob Bygrave

Rob Bygrave, the CFO of Klapton confirms that Bloomfield Investment Corporation have increased the international scale short term rating of Klapton from A1- (stable) to A1- (positive). The long-term rating remains at BB stable. Both ratings are at investment grade level. Within their report, Bloomfield highlighted several factors which affected their decision to improve the […]

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Klapton approves 2020 Financial Statements

Announcements, Rob Bygrave

Rob Bygrave, the CFO, confirmed that on 2nd July 2021, the Board of Klapton approved the 2020 Financial Statements after the conclusion of the audit by SECC, a leading West African audit firm. Mr Bygrave said it was a testament to the strong procedures and controls implemented in the Klapton Finance Team, which enabled the […]

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Klapton announces a strong start to 2021

Announcements, Rob Bygrave

Premium levels rise 82% when compared to Q1 2020 period The Klapton Board were presented with the Q1 2021 results which showed a significant increase in GWP on the 2020 results. Premiums written were €10.9m compared to €6.0m in Q1 2020 (a rise of 82%) and were also €1.4m above the forecast results. The growth […]

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Shany Medina appointed Chairman of the Ethics, Nominations and Remuneration Committee (ENR)

Announcements, Shay Reches

The board of Klapton Insurance Company Ltd is delighted to announce the appointment of Shany Medina as Chairman of the Ethics, Nominations and Remuneration Committee (ENR) with immediate effect. Shany is an experienced Talent acquisition leader with more than 15 years in developing and leading innovative talent acquisition teams. During her career, she has worked […]

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Klapton approves 2019 Financial Statements

Announcements, Rob Bygrave

Rob Bygrave, the CFO of Klapton announced that that the 2019 Financial Statements have been approved by the Board. For the third consecutive year, SECC, a leading West African audit firm have issued a clean audit report in respect of these Financial Statements. Mr Bygrave stated that these Financial Statements reflect a significant, but expected […]

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Klapton Insurance Company Ltd Issues Maritime Residual Value Policy

Announcements, Douglas Newton, Russell Parker

Klapton is pleased to announce the issuance of a new policy related to the maritime industry following the closing of a Residual Value Guarantee in favour of Sevenseas Holdings Inc. The company has been working closely with Sevenseas’ management for a number of months in crafting a bespoke policy and guarantee that protects the company’s […]

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Klapton’s Q1 2020 results

Announcements, Rob Bygrave

Premium levels significantly exceeding both the forecast and 2019 Klapton reported a strong performance for Q1 2020, with premium levels significantly exceeding both the forecast and 2019. Gross written premium for the quarter was €6.0m, compared to the forecast of €3.9m and 2019 €1.8m. This growth has been achieved with important contributions across all regions […]

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