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African Reinsurance Corporation (SA) Ltd

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Tel: +27 11 484 3764
Fax: +27 11 484 1001
Address:
Ground Floor
West Wing
Oakhurst 11-13
St. Andrews Rd.
Parktown
2193
Postbox:
P.O. Box 3013
Houghton
2041
Johannesburg
Scope:
Eastern Cape, Free State, Gauteng, KwaZulu-Natal, Mpumalanga, North-West, Northern Cape, Northern Province, Western Cape.

The purpose of AFRICA RE is to foster the development of the insurance and reinsurance industry in Africa, to promote the growth of the national, regional and sub-regional underwriting and retention capacities and to support African economic development.

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From The Glossary »

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Demurrage:

Amount payable to a ship owner where a ship has been delayed for reasons beyond his/her control. The amount relates to loss of earnings.
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