Klapton Reinsurance has secured regulatory approval to write reinsurance business in China, the Zambia-based reinsurer announced on Friday.
“China is a market that values credibility, discipline, speed, and long-term relationships, principles that are central to how Klapton Re operates across Africa, the United States, the Middle East, and Asia,” Klapton Re said in a statement on LinkedIn.
“This milestone strengthens our Asia platform and reflects our commitment to working closely with brokers and cedants seeking engaged, solutions-driven reinsurance support.”
In a separate post, Klapton Re chief executive officer Kudzai Bingepinge said: “‘Africa Underwriting the World’ remains our mission. We are pleased to include China as the next step in that journey, following regulatory accreditation to write reinsurance business in this market.”
The development comes after Klapton Re recently announced that it is set to list directly on the Lusaka Securities Exchange Plc (LuSE) on 24 March 2026, subject to regulatory approval.
Klapton Re was established in 2020 and provides facultative and treaty reinsurance services across Africa, Asia, and the United States, according to its company profile. The reinsurer has captured an estimated 86% market share in Zambia and is the only Moody’s-rated company listed on LuSE, with a Caa1 rating.
