Our Reinsurers

Phoenix’s treaty program is arranged through Reinsurance Solutions, a leading Reinsurance Broking Group, based in South Africa and with operations in Mauritius.

Our main reinsurers and their ratings are indicated below.

 

Reinsurers Rating Website Link
African Reinsurance Corporation A – AM Best
PTA (ZEP) Reinsurance Company B + AM Best
Swiss Reinsurance Company A + AM Best
First Reinsurance Company (Botswana) BB + GCR
FM Reinsurance Company (Botswana) BBB – GCR
Continental Reinsurance Company B + AM Best
Uganda Reinsurance Company Not Rated
Hannover Reinsurance Company A + AM Best
East Africa Reinsurance Company B AM Best
GIC India (through JB Boda) A – AM Best
Tanzania Reinsurance Company B + GCR

 

Reinsurance is insurance that is purchased by an insurance company (the “ceding company” or “cedant” or “cedent” under the arrangement) from one or more other insurance companies (the “reinsurer”) directly or through a broker as a means of risk management.

 
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