Chubb invests in African Trade Insurance Agency (ATI)

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ChubbChubb invests 10 million USD in the African Trade Insurance Agency (ATI). The American insurer also brings its expertise in underwriting political and credit risks.

ACA was established in 2001. Its mission is to protect foreign direct investments by providing insurance coverage for credit, political and commercial risks.

Based in Nairobi (Kenya), ACA aims to broaden its scope in Africa. Its shareholders currently include 16 African countries and 10 institutional entities.

Read also | ATI: Next accession of several African countries

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Thu, 02/01/2020 - 16:27
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