- Announcement of Winners for 10th Pan African Re/Insurance Journalism Awards
- Insurance Pools: A Sustainable Solution for Africa Amid Climate Change
- Continental Reinsurance Announces Financial Results for 2023
- African Journalists Recognised for Outstanding Reporting on Insurance
- Continental Re Group Announces Key Leadership Transitions Across the Group and Nigeria Entity
- AM Best Affirms Credit Ratings of Continental Reinsurance Plc
Bonds & Guarantees
Bonds & Guarantees
In Africa, Bonds are an integral part of Project Insurance – we cannot imagine an Engineering Contractors All Risks insurance / Erection All Risks without an accompanying Performance Guarantee and an Advance Payment Bond which later graduate to become Maintenance Bonds. Of course, Bid Bonds are resorted to, in order to ensure that Contractors will not run away from projects after giving a good quote, and Retention Bonds to ensure that after-sales service continues unabated.
| Description | Underwriting Limits |
|---|---|
| BONDS & GUARANTEES | USD 5 Million |
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