Africa Finance Corporation (AFC) has established AFC Captive Insurance Company Ltd (AFC Captive), backed by up to USD$30m in equity capital.
The captive will initially provide insurance coverage for loans extended by AFC to its counterparties and support the continued growth of its infrastructure financing activities across Africa.
Subscribe to Ci Premium to continue reading
Captive Intelligence provides high-value information, industry analysis, exclusive interviews and business intelligence tools to professionals in the captive insurance market.