Neema launches a kidnap and ransom reinsurance product

Neema Insurance Managing Agency is marketing a kidnap and ransom (K&R) reinsurance product in Africa. The new product launch is supported by the international insurance group Tokio Marine HCC.

This initiative is part of Neema's strategy to offer customized reinsurance solutions for the African continent. In June 2021, the agency developed a political violence and terrorism reinsurance product.