Emerald specialises in solution driven insurance products for corporate policy holders

Corporate Property

Engineering Classes

Accident Classes

Emerald Risk Transfer (Pty) Ltd is a leading provider of corporate property and associated engineering insurance products on the African continent. Established in 1999, Emerald continues to offer solution driven insurance products to corporate policyholders throughout Africa, including the Indian Ocean Islands.

Emerald is headquartered in Johannesburg, South Africa and regulated by the Financial Sector Conduct Authority (FSCA), and has a representative office in London regulated by the Financial Conduct Authority (FCA).

Correct understanding and measurement of risk, appropriate reinsurance placement, accounting and effective claims management are all key to our underwriting approach.

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Santam Limited South Africa - Financial Strength Ratings

Emerald is a wholly owned subsidiary of Santam Limited, South Africa's leading insurer. Santam Limited has a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of "a-" (Excellent), as assigned by AM Best.

The outlook assigned to these Credit Ratings is Stable, reflecting the company's enhanced financial stability and strong capacity to fulfil its obligations.

Santam's A- Rated paper positions us favourably as trusted risk solution partners across Africa and our targeted Middle East countries.

Risk Appetite & Capacity

Significant existing portfolio throughout the African continent.

Emerald's current capacity per risk is ZAR1.5 billion based on policy loss limit in South Africa and Namibia.

The current capacity per risk is USD150 million or local currency equivalent on a limit of liability basis for the rest of Africa

For multinational corporations up to 25% of the total insured value per additional territory situated outside of Africa can be included. For certain territories this increases to 35%.

Emerald's Risk Capacity is a maximum of USD7.5 million per risk in targeted Middle East countries.