Klapton Reinsurance Limited (Klapton Re)
Klapton Reinsurance Limited (“Klapton Re”), which is rated by Moody’s Investor Services, was incorporated in Zambia to provide reinsurance services to complement other insurers and reinsurers in Zambia, Africa, the Middle East and beyond.
The company was established in Zambia after identifying the need to provide local reinsurance support and has positioned itself for regional engagements and related business investments.
Klapton Re employs local people and increases the local industry’s financial capacity to retain more risk locally. Our uniqueness is the strategic linkage with an existing network of regional brokerage hubs that support the Zambian operation by bringing in a global reinsurance business. It is of significant value to the Zambian market as it attracts liquidity in the market.
Klapton provides quality solutions to our customers, brokers, insureds, and re-insureds with a wide range of insurance and reinsurance products.
Our business model focuses on core activity lines, commercial (SME, Contractors & Engineering) and inward facultative reinsurance covers. These covers are carefully accepted by customers and brokers with whom we develop long term relationships.
Klapton Re receives direct placements from local, regional, and international insurance companies and reinsurance brokers with our head office in Lusaka. Klapton Re also maintains a presence in Africa via its regional hubs