Reinsurance capacity: partnership between Neema and Southern Pacific Insurance Corporation

partnership reinsuranceNeema Insurance Managing Agency has signed a reinsurance partnership with Southern Pacific Insurance Corporation (SOPAC), an insurance company based in American Samoa.

Through this agreement, effective starting 1 March 2022, SOPAC will allow Neema to underwrite business in Africa and Asia.

The African agency is now authorized to underwrite the following risk categories:

  • property damage and engineering
  • marine hull and cargo (including P&I)
  • aviation
  • third party liability
  • surety
  • political violence and terrorism
  • political risks
  • miscellaneous risks

This initiative is part of Neema's 2022 objectives which aim to enter into binding agreements with reinsurers.

0
Your rating: None
Advertising Program          Terms of Service          Copyright          Useful links          Social networks          Credits