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Category: Announcements

Home / Archive by Category "Announcements" (Page 7)
06Jan 2014 by Shay Reches

Klapton announces strategic shift from EEA business

Announcements, Shay Reches

It was announced today by Shay Reches, that Klapton would be make a strategic shift in its business model, away from the reinsurance liability business written by EEA carriers in the United Kingdom. Mr Reches stated that although this business had generated a significant premium income in recent years, the underwriting result had been disappointing. […]

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18Apr 2013 by Shay Reches

Klapton publishes its 2012 Financial Statements

Announcements, Shay Reches

The Board of Klapton is pleased to announce the 2012 results for Klapton generating a profitable underwriting result in excess of $26m. The net result for the year was a profit of over $7.5m. Total assets increased from 2011 by $8.3m. The capital base of the company increased from $41m to $50m.

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