Prestige Assurance Plc, is one of Nigeria's leading general insurance Company with offices nationwide
Prestige Assurance Plc, is one of Nigeria's leading general insurance Company with offices nationwide
Prestige Assurance Plc, is one of Nigeria's leading general insurance Company with offices nationwide
Prestige Assurance Plc, is one of Nigeria's leading general insurance Company with offices nationwide
Prestige Assurance Plc, is one of Nigeria's leading general insurance Company with offices nationwide
Prestige Assurance is very sensitive to its Customers' risk financing quantitative and security; hence we place a high premium on the ideals of reinsurance. Our insurance policies are cautiously backed up with first class reinsurance arrangement. We have maintained a good partnership with several Reinsurance companies of high standing and rating both locally and internationally.
Below is our class-wise capacity with potential for increase and Ratings of our Security list:
CLASS | CAPACITY |
---|---|
FIRE & SPECIAL PERILS |
12,000,000,000 |
TERRORISM AND POLITICAL VIOLENCE ATTACHING TO FIRE | 1,800,000,000 |
ENGINEERING (OPERATIONAL) | 2,300,000,000 |
ENGINEERING (PROJECT) | 12,000,000,000 |
VIOLENCE ATTACHING TO ENGINEERING | 1,200,000,000 |
MARINE CARGO | 2,550,000,000 |
MARINE CARGO (PROJECT) | 2,800,000,000 |
GENERAL ACCIDENT | 1,600,000,000 |
MARINE HULL | 3,100,000,000 |
BOND | 200,000,000 |
AGRICULTURE (CROP) | 500,000,000 |
AGRICULTURE (POULTRY) | 250,000,000 |
AGRICULTURE (FISHERY) | 375,000,000 |
AGRICULTURE (AREA YIELD AND PRICE INDEX) | 700,000,000 |
OVERSEA MEDICLAIM | USD725,000 |
AVIATION | USD23,000,000 |
OIL & ENERGY | USD61,000,000 |
MOTOR | 20,000,000 |
TERRORISM AND POLITICAL VIOLENCE(STAND ALONE) | USD6,000,000 |
REINSURERS | AM BEST | S& P | OTHERS |
---|---|---|---|
Africa Reinsurance Corporation | A | A- | |
Continental Reinsurance | B+ | ||
GIC South Africa | BB+ | ||
Tunis Re | B+ | ||
ZEB Re PTA | B+ | ||
CICA Re | B | BB+ | |
SCR Morocco | B+ | ||
Aveni Re | BBB | ||
New India Assurance | B++ | ||
WAICA Re | B+ | ||
Nigeria Re | BBB+ | ||
Kuwait Re | A- | ||
Ghana Re | B | ||
International Ins. Coy of Hannover SE | A+ | AA- | |
Swiss Re | A+ | AA | |
HDI Gerling | A | A+ | |
Santam Re | A+ | ||
Atrium Llyod's Syndicate | A+ | ||
FBS Re | NIL | ||
Oman Re | BB+FITCH |