Klapton approves 2017 Financial Statements

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 Klapton Insurance Company posts 2017 Annual Report & Accounts

Rob Bygrave, the CFO of Klapton announced that the 2017 Financial Statements had been approved by the Board, following completion of the audit by SECC, a leading West African audit firm, with significant experience in auditing financial sector companies.

Mr Bygrave further commented that the results showed a significant improvement on 2016, particularly with a large increase in written premiums in 2017. This reflects the hard work of the sureties, inward faculatative reinsurance and general/direct insurance teams in generating quality business whilst maintaining high levels of underwriting criteria to maintain the profitability levels.