Renasa was incorporated in South Africa in January 1998 as a subsidiary of the Reliance National Insurance group with an unrestricted short-term insurance license to underwrite all classes of short-term insurance.
Since 2005, Renasa has developed into an A- rated general insurer focused on servicing independent intermediaries with a broad product range, a national footprint and industry-leading technology.
Renasa is backed by a comprehensive and conservatively placed reinsurance programme featuring the world's leading reinsurers (and led by Munich Re).
All are investment grade "A" rated. Renasa purchases catastrophic cover equivalent to 5 times the market average.
Uniquely, Renasa's treaties have a three year term, committing to Renasa the capital necessary to sponsor its targeted growth.
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