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INSURANCE COMPANIESREINSURERS

African Reinsurance Corporation (SA) Ltd

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Tel: +27 11 484 3764
Fax: +27 11 484 1001
Address:
Ground Floor
West Wing
Oakhurst 11-13
St. Andrews Rd.
Parktown
2193
Postbox:
P.O. Box 3013
Houghton
2041
Johannesburg
Scope:
Eastern Cape, Free State, Gauteng, KwaZulu-Natal, Mpumalanga, North-West, Northern Cape, Northern Province, Western Cape.

The purpose of AFRICA RE is to foster the development of the insurance and reinsurance industry in Africa, to promote the growth of the national, regional and sub-regional underwriting and retention capacities and to support African economic development.

From The Glossary »

Excess Of Loss Reinsurance:

Reinsurance cover which, subject to a specified limit, indemnifies the ceding company against loss in excess of a specified deductible. It embraces various types of reinsurance such as any one risk reinsurance, any one event reinsurance, catastrophe reinsurance, aggregate excess of loss reinsurance and stop loss reinsurance. Such treaties do not usually apply to specific policies but to aggregate losses incurred under all policies subject to the ...
More Definitions »

 
 
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