Emerald Risk Transfer (Pty) Ltd is a leading provider of corporate property and associated engineering insurance products on the African Continent. Established in 1999, Emerald continues to offer solution driven insurance products to corporate policyholders throughout Africa, including Indian Ocean Islands and internationally in the Middle East, as well as the South-Central, Eastern and South- East Asian regions. Correct understanding and measurement of risk, appropriate reinsurance placement, accounting and effective claims management are all key to our underwriting approach.

Africa Territorial Scope

Risks situated on the continent of Africa, including the Indian Ocean Islands. For multi-national corporations up to 25% of the total insured value per additional territory situated outside of Africa can be included. The current capacity per risk is USD 150 million or local currency equivalent on a limit of liability basis.

International Territorial Scope

Risks situated in Middle East, Central and South-East Asia, including the Indian sub-continent. The current capacity per risk is USD 20 million or local currency equivalent on a limit of liability basis.

MIDDLE EAST

EASTERN ASIA

SOUTH-CENTRAL ASIA

SOUTH-EAST ASIA

Bahrain

China

Bangladesh

Cambodia

Jordan

Hong Kong

Bhutan

Indonesia

Kuwait

Mongolia

India

Laos

Lebanon

South Korea

Kazakhstan

Malaysia

Oman

Taiwan

Nepal

Myanmar (Burma)

Qatar

Pakistan

Philippines

Saudi Arabia

Sri Lanka

Singapore

Turkey

Thailand

United Arab Emirates

Vietnam

Additional capacity for all territories can be accessed trough innovative facultative reinsurance solutions. All cover is subject to standard Emerald conditions.

SPECIALIST EXPERTISE

• Infrastructure, airports and ports
• Large food and agricultural processing
• Large retail and property portfolios
• Leisure and tourism, hotel and lodge groups
• Manufacturing, industrial and engineering works
• Mining, including underground risks
• Mining processing, including smelters and furnaces
• Multinational companies
• Political and non-political riot, strike and civil commotion, including terrorism and war
• Rolling stock, freight and passenger rail
• State and municipal entities with or without power generating plants
• Telecommunications
• Chemical
• Petrochemical¹
• Power generation¹
• Power generation (less than 300 MW)²

1 Africa only

2 International only

Santam Limited

Emerald is a wholly owned subsidiary of Santam Limited. Santam is the leading general insurer in South Africa with a market share of more than 22%. They provide a diverse range of general insurance products and services in Africa and internationally through their network of 2700 intermediaries and direct channels. They serve more than 1 million policy holders who range from individuals to commercial and specialist business owners and institutions.

Emerald’s A rated security

In addition to Santam’s International Standard & Poors rating, Emerald is able to offer A rated security through a binding authority from New Reinsurance Company Ltd (NewRe), whereby Emerald may use their international Standard & Poors AA- credit rating to write inwards reinsurance business. NewRe is registered in Zurich, Switzerland and is a wholly owned subsidiary of Münchner Rückversicherungs-Gesellschaft (Munich Re).

This security is available for selected risks on request.

Emerald Risk Transfer (Pty) Ltd (Reg. No. 1998/025512/07) is a South African authorised financial services provider (FSP No. 13893). Emerald is a wholly owned subsidiary of the Santam Group. Regulated by the Dubai Financial Services Authority as a Representative Office. Regulated by the Financial Conduct Authority (FCA) as a Representative Office in the UK.