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NASRIA LTD
Namibia Special Risks Insurance Association Limited (NASRIA) LTD was established and registered as a Section 21 in 1987, Read More
Namibia Special Risks Insurance Association Limited (NASRIA) LTD was established and registered as a Section 21 in 1987, in response to the cancellation of insurance cover previously available to the conventional insurance market for acts of terrorism and politically motivated acts. In 2019, NASRIA was converted from an Association not for gain into a public company through the act of parliament, Act no. 5 of 2017, to open doors and offer more insurance solutions to the Namibian public. NASRIA Ltd is a 100% state-owned insurance company and resorts under the Ministry of Finance and Public Enterprise. NASRIA Ltd is registered as a Short-term Special Risks Insurance company and regulated by NAMFISA within the non-banking financial sector.
Our Mandate:
In terms of the NASRIA Act, the Company is mandated to fulfill the following objectives:
To carry on short-term insurance business relating to special risks, and to conduct all affairs relating thereto in accordance with sound insurance practices and methods.
To promote the development of, and the participation of the people of Namibia in the short-term insurance industry in Namibia.
To adhere to best practice in the provision of insurance cover for special risks.
Business Purpose:
NASRIA’s current business purpose is to provide insurance cover for Namibians and their assets against extraordinary (special) events such as, but not limited to, riots, strikes, civil commotion, labour disturbances, lockouts, and terrorism. Moreover, the company has expanded its focus into Climate Change risks solutions and has designed a Weather Index-Based Livestock insurance and Human Wildlife Insurance products for farmers.
Swiss Re
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. Read More
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. Through our work with clients, we fulfil our vision of helping to make the world more resilient. We have a distinct mission: together, we apply deep knowledge, intelligent data analysis and capital strength to anticipate and manage risk.
That’s how Swiss Re powers progress for our clients, helping the world rebuild, renew and move forward. Today, 75% of risks – from natural catastrophes and climate change to ageing populations and cybercrime – remain uninsured. We aim to change that.
Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 70 offices globally. Our approximately 14,400 employees provide a wide range of technical expertise, enabling us to develop unique solutions and drive growth. Swiss Re is organised into Business Units, each with a distinct strategy and set of objectives contributing to the Group’s overall mission. Through our strong financial position, we provide the security clients need, especially during times of uncertainty and transition.
AON
Aon Reinsurance Solutions’ mission is to advise and provide solutions on financial risk management to empower Read More
Aon Reinsurance Solutions’ mission is to advise and provide solutions on financial risk management to empower stability in African economies. We strive towards being the trusted advisor for Aon Reinsurance and pride ourselves in building sustainable partnerships with our clients and reinsurers. At Aon, we empower you and your business to better understand, manage and transfer risk through innovative solutions and personalised access to all forms of global Aon Reinsurance capital in treaty, facultative and alternative capital markets.
Howden
Howden Re is the global reinsurance, capital markets, and strategic advisory arm of Howden. Encompassing Howden Re, Bowood, and Howden Read More
Howden Re is the global reinsurance, capital markets, and strategic advisory arm of Howden. Encompassing Howden Re, Bowood, and Howden Capital Markets & Advisory, Howden Re is distinguished by its innovative service offering, entrepreneurial leadership approach, and commitment to excellence. With a broad suite of services and specialties, differentiated capital structure, and growing global team, Howden Re aims to deliver outsized value to reinsurance clients.