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Klapton Reinsurance PLC Stock Price

LUSE:KLRE Community·K4.0b Market Cap
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KLRE Share Price Performance

K0.34
-0.01 (-2.86%)
K0.34
-0.01 (-2.86%)
Price K0.34

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Snowflake Analysis

Very low risk with weak fundamentals.

2 Risks
0 Rewards

Klapton Reinsurance PLC Key Details

K1.2b

Revenue

K750.8m

Cost of Revenue

K407.8m

Gross Profit

K288.1m

Other Expenses

K119.7m

Earnings

Last Reported Earnings
Dec 31, 2023
Next Reporting Earnings
n/a
0
0%
0%
0%
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About KLRE

Founded
2020
Employees
n/a
CEO
Kudzai Bingepinge
WebsiteView website
klaptonre.com

Klapton Reinsurance PLC operates as reinsurance company that offers structured risk transfer solutions to insurance companies across across Africa, Asia, the Middle East, Europe, and the United States. The company underwrites non-life treaty and facultative reinsurance business and offers customized solutions, agile underwriting, and strategic risk management services. The company offers reinsurance services to various classes including aviation, agriculture, engineering, fire, motor, marine, bonds and trade credit, liability, and political violence & terrorism. The company's treaty insurance business includes proportional treaties, including quota share and surplus arrangements; and non-proportional treaties, including excess-of-loss and aggregate covers. The company's facultative reinsurance business includes underwriting individual risks for portfolio construction and risk balance. Klapton Reinsurance PLC was incorporated in 2020 and is based in Lusaka, Zambia.

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