Reinsurance Solutions
Limit your company’s risk. Shomang Re insures insurers.
You know as well as we do that every risk is different.
That’s why at Shomang Re, we custom create intelligent, industry-specific reinsurance solutions.
Shomang Re protects what matters most to your insurance business.
We design facultative and treaty reinsurance solutions to safeguard your organisation from risk. Solutions that give you flexibility and a competitive edge.
A BBEEE reinsurance broker who’s got your back.
We’re a 100% black-owned, female-led company. As your reinsurance specialists, we’re driven to serve the businesses that make up the foundations of South Africa’s economy.
We know reinsurance in Africa.
Shomang Re is a joint partnership. Shomang joined forces with industry heavyweights Aon Re, reinsurance brokers with a rich understanding of the business challenges on the continent.
Facultative Reinsurance
For large or complex risks, you must offload a significant portion of your risk to other insurers or professional reinsurers. Because every class of insurance is unique, and every risk is different in size and complexity, each reinsurance solution should be too.
At Shomang Re, we design and place facultative reinsurance for most classes of insurance, like:
Property
Power generation and transmission, mining, petrochemical, and building complexes.
Financial risks
For example, D&O, PI and crime.
Liability
For example, general, product and contingent.
Casualty
Marine
Engineering
Construction
Treaty Reinsurance
Unlike single-risk facultative reinsurance, treaty reinsurance brings you automatic reinsurance capacity for a portfolio of homogeneous risks up to pre-agreed levels of capacity and conditions. Treaty reinsurance gives your business more flexibility – and a competitive edge.
It’s all down to your requirements: your Shomang Re treaty reinsurance solution can be proportional (linked to original policy terms) or non-proportional on a single risk basis (risk excess of loss) or event basis (catastrophe excess of loss) covering perils such as hail, earthquake, wind, etc.
At Shomang Re we design and place treaty reinsurance for insurers in these classes:
Property
Motor
Liability
Engineering
Bonds and Guarantees
Contact us today to discuss your reinsurance needs
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