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APA Insurance reinsures ATI
03 March 2010
APA Insurance has agreed to reinsure the African Trade Insurance Agency (ATI) allowing it to cover motor and property in Kenya and Uganda against damage.
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[APA Insurance]
[ATI motor and property in Kenya and Uganda]
APA Insurance has agreed a $434 million reinsurance deal for the African Trade Insurance Agency (ATI), Africa's only multilateral political and credit risk insurer, allowing it to cover motor and property in Kenya and Uganda against damage.
Details of the reinsurance deal were given at a joint press briefing with Ashok Shah, the CEO of APA Insurance Ltd. and Stewart Kinloch, the acting CEO of ATI
Under the reinsurance agreement, ATI will act as APA's...
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