Continental Re to offer agricultural insurance cover

What you need to know:

  • Nigerian-based firm Continental Reinsurance will now offer agricultural insurance cover in its latest product mix, entering a class that has experienced high loss ratios in markets such as Kenya.
  • The Nigerian-based re-insurer, with operations in Kenya, said the continent has a high potential to grow its agricultural sector which will require more insurance products.
  • The cover will help deepen Kenya’s agricultural insurance where annual gross written premiums are below Sh1 billion.

Nigerian-based firm Continental Reinsurance will now offer agricultural insurance cover in its latest product mix, entering a class that has experienced high loss ratios in markets such as Kenya.

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